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.
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
1412:001512:000.8610.8620.8630.8640.8650.8660.8670.8680.8690.8700.8710.8720.8730.8740.875↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 15 Aug 2024
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
12:002212:002312:00250.8460.8470.8480.8490.8500.8510.8520.8530.8540.8550.8560.857↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 23 Aug 2024
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
12:001212:001312:000.8760.8770.8780.8790.8800.8810.8820.8830.8840.8850.8860.887↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 13 Nov 2024
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.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour SHORT
Aug 27
252612:002712:000.8420.8430.8440.8450.8460.8470.8480.8490.8500.8510.8520.8530.8540.855↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 27 Aug 2024
It looks like an ascending triangle has been determined and the price requests a more bigger bearish impulse as an indication of a breakout.
Once price collapses through the support line, the resulting move could signal the bulls have run out of steam.
USD/CHF now looks to the 0.8465 zone on a breach of 0.8468 as extra rangebound not ruled out.
USD/CHF: Rectangle
USD/CHF,
1 hour SHORT
Dec 12
12:001112:001212:000.8720.8730.8740.8750.8760.8770.8780.8790.8800.8810.8820.883↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 12 Dec 2023
As we can see a rectangle has been observed and the price breaks out soon.
In case if price breakdown occurs, the move could signal a move down.
USD/CHF to prolong the corrective phase towards 0.877 amid rising bets for the move.
USD/CHF: Descending Triangle
USD/CHF,
1 hour LONG
Feb 29
2812:002912:000.87700.87750.87800.87850.87900.87950.88000.88050.88100.88150.88200.88250.88300.88350.88400.88450.8850↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 29 Feb 2024
We can see that the price completes a descending triangle, the price wants a further active move as evidence of a breakout.
A descending triangle is a useful bullish price signal that often indicates a further move up in case if price breaks out to the the upside.
It is possible that a rangebound to the 0.88 mark will form amid USD/CHF reclaims part of the ground lost.
USD/CHF: Bearish Flag
USD/CHF,
4 hours SHORT
May 13
510150.8980.9000.9020.9040.9060.9080.9100.9120.9140.9160.9180.9200.9220.924↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 4H · 13 May 2024
There is a bearish flag materializing and the price demands next strong fall as a clue of a breakdown.
A bearish flag tends to be a specific price signal that can be used to signal a next move down when price collapses through the support line.
USD/CHF set to fall to the 0.904 mark.
USD/CHF: Falling Wedge
USD/CHF,
1 hour LONG
Jun 19
12:00161712:001812:001912:002012:000.8820.8830.8840.8850.8860.8870.8880.8890.8900.8910.8920.8930.8940.895↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 19 Jun 2024
It looks like a falling wedge is almost completed and the price is about to break out now.
A falling wedge is a useful bullish chart signal that often results in a bullish move in case if price breaks through the resistance.
A further bullish continuation towards 0.886 is probable once beyond 0.885.
USD/CHF: Ascending Channel
USD/CHF,
1 hour SHORT
Feb 13
12:001212:001312:000.9020.9030.9040.9050.9060.9070.9080.9090.9100.9110.9120.9130.9140.9150.916↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1H · 13 Feb 2025
There is an ascending channel emerging.
Once price breaks below support, the move could indicate price heading to a new direction.
USD/CHF does not rule out a move towards 0.911 on a breakout of the ascending channel.
USD/CHF: Descending Channel
USD/CHF,
4 hours LONG
Jan 27
1520260.8960.8980.9000.9020.9040.9060.9080.9100.9120.9140.9160.9180.9200.922↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 4H · 27 Jan 2025
A descending channel has been exposed and USD/CHF requests a more move as a verification of a breakout.
A descending channel often signals a bullish price move in case if price breaks out to the the upside.
USD/CHF to jump to 0.908 once beyond 0.906 as USD/CHF is at a brink of a bullish breakout.
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