We can see that a bullish flag is very close to being finished, USD/CHF requires a steady move to confirm a breakout.
A bullish flag is believed to be a reliable price pattern that typically identifies a bullish price move in case if price breaks above resistance.
USD/CHF is bullish and en route to the 0.874 level on a breakout of the bullish flag.
USD/CHF: Rectangle
USD/CHF,
4 hours
SHORT
Oct 31
There is a rectangle revealed.
A rectangle identifies a next move down once price breaks through the support.
USD/CHF set to extend its decline towards 0.864 as gains remain capped.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
Apr 30
There is an ascending triangle recognized, the price is ready to break out.
An ascending triangle typically identifies an extension in the upward direction once price breaks through the resistance.
USD/CHF to move up to the 0.914 zone.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Dec 7
A descending channel has been determined and the price asks for next bigger push up as an information of a breakout.
A descending channel represents a useful bullish formation that can be used to indicate a further move up in case if price breaks out to the the upside.
USD/CHF to enjoy a considerable gain towards the 0.8755 zone as downside pressure alleviates.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
Nov 8
There is a bullish flag poping up and the price is about to break out now.
A bullish flag denotes a compelling bullish pattern that has a downward slope that can be used to predict a bullish price action if price breaks above resistance.
USD/CHF to have better chances of advancing towards 0.876 on a breakout of the bullish flag.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Apr 30
We can see that a descending channel is determined, the price demands a move to confirm descending channel breakout.
In case if price breaks out to the the upside, the move could spot a bullish price action.
USD/CHF to resume its rise to 0.913 on a breach of 0.912.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Jun 20
USD/CHF sets up a descending channel and the price is going to break out.
A descending channel typically identifies a bearish-to-bullish trend reversal once price breaks through the resistance.
USD/CHF to increase bullish potential towards 0.8845.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
Aug 11
We can see that a bullish flag has been uncovered, the price is ready to break out.
A bullish flag is considered to be a technical signal that typically results in extending an uptrend in case if price breaks through the resistance.
USD/CHF to strengthen to 0.866.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Sep 5
There is a descending triangle noticed and the price is going to break out.
A descending triangle depicts a useful formation that is used to signal that prices are likely to keep rallying upward in case if price breaks through the resistance.
It is not ruled out that a rangebound towards the 0.885 level will be made.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Aug 15
There is a descending channel arising and the price is going to break out now.
A descending channel describes a bullish signal that is used to signal a change in the prevailing trend when price breaks out.
USD/CHF hints a change to the upside towards 0.866 on a breach of 0.8654 as there is a chance for a upside correction.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
SHORT
Aug 23
An ascending triangle is very close to being completed and the price is going to break out.
An ascending triangle suggests a useful indicator that is used to spot extending an downtrend once price collapses through the support line.
There is a possibility of a move towards 0.85 on a breakout of the ascending triangle.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
Nov 13
It looks like USD/CHF builds an ascending triangle.
An ascending triangle identifies a compelling bullish formation that often indicates that the price will rally further once price breaks out.
USD/CHF now looks to 0.884.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
USD/CHF