There is a rectangle identified.
A rectangle signals a next move up when price breaks out.
There is a possibility of a bullish move to 0.8.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Mar 17
An ascending channel forms and USD/CHF needs a next bearish impulse for clear breakdown confirmation.
When price breakdown occurs, the move could signal a move down.
It is likely that a move towards 0.882 will be made.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Oct 7
A descending channel pops up.
A descending channel describes a specific chart formation that is used to predict a bullish price move once price breaks above resistance.
It is likely that a bullish price action to 0.799 will occur once beyond 0.7982 as downside pressure alleviates.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jul 25
It seems like an ascending channel is detected and the price is about to break out.
An ascending channel is said to depict a specific price signal that can be used to identify an extension in the downward direction when price breaks down.
It is not ruled out that corrective downside towards 0.865 will form while below 0.8655 amid rising bets for the move.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
SHORT
Jul 2
There is an ascending triangle diagnosed and the price is breaking out.
An ascending triangle is believed to be a useful bearish chart formation that often predicts a bearish move in case if price breakdown occurs.
USD/CHF to continue lower to 0.79 as indicators favor bears.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Dec 2
USD/CHF establishes a descending channel, the price is going to break out now.
A descending channel denotes a formation that is angled down that typically signals price heading to a new direction when price breaks out.
USD/CHF to increase bullish potential towards the 0.883 zone on a breach of 0.882 as door open for the continuation of the uptrend.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Apr 28
It seems like a rectangle happens and the price is close to breaking out.
A rectangle identifies a specific chart indicator that typically spots a further move down when price collapses through the support line.
USD/CHF to push down towards the 0.826 level.
USD/CHF: Descending Channel
USD/CHF,
1 day
SHORT
Feb 15
A descending channel materializes.
A descending channel depicts a chart formation that can be used to identify an extension in the downward direction if price collapses through the support line.
USD/CHF to plummet to 0.895 on a breakdown of the descending channel as the currency pair looks offered.
USD/CHF: Bearish Rectangle
USD/CHF,
1 hour
SHORT
Oct 17
A bearish rectangle is revealed.
If price breaks below support, the resulting move could identify the bulls have run out of steam.
USD/CHF is at risk of resuming its decline to 0.899 on a breakdown of the bearish rectangle.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Aug 7
It seems like a descending triangle is close to being done.
In case if price breaks through the resistance, the resulting move could signal that the price to go long.
There is a possibility of a bullish move towards the 0.854 zone once above 0.853.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Mar 18
A falling wedge is diagnosed.
Once price breaks through the resistance, the move could signal the more likely potential of rising prices.
USD/CHF looks ready to further extend its gains to 0.8835 once beyond 0.8834 as USD/CHF becomes bid.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Dec 6
It looks like the price composes a descending triangle, the price needs a more move as an information of a breakout.
When price breaks above resistance, the move could identify extending an uptrend.
It is likely that a further bullish push up to 0.876 will form.
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USD/CHF