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
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
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
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
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,
4 hours
SHORT
Mar 5
There is an ascending channel occuring, USD/CHF lacks a further correction as a signal of a breakout.
When price breaks out, the move could spot a bearish price action.
It is possible that a bearish continuation towards the 0.882 mark will form.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
Jun 2
The price completes an ascending channel and the price is close to breaking out soon.
An ascending channel often spots the more likely potential of falling prices when price breaks out to the the downside.
Decline towards 0.9 is possible on a break below 0.905.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
Aug 19
It seems like an ascending channel turns up, USD/CHF wants further push down as a signal of a breakout.
An ascending channel signals that the price to go short once price breaks below support.
There is a probability of a bearish push down to 0.86 on a downside break.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
May 2
A rising wedge is very close to being completed and the price is ready to break out.
Once price breakdown occurs, the move could spot a temporary interruption during a rising market.
USD/CHF to fall towards 0.896 on a breakout of the rising wedge as there is room for a downside correction.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Apr 20
There is an ascending channel coming out.
An ascending channel is believed to be a reliable formation that typically indicates that the price to go short once price collapses through the support line.
USD/CHF to nosedive to the 0.895 mark on a breakdown of the ascending channel as USD/CHF probes 0.8956 hurdle.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
Sep 11
There is a bullish flag appearing and the price is close to breaking out.
A bullish flag identifies a bullish signal that is used to indicate a bullish price action when price breaks out to the the upside.
USD/CHF to turn bullish towards the 0.848 level as USD/CHF nears 0.846 hurdle.
USD/CHF: Pennant
USD/CHF,
1 hour
LONG
Jun 19
There is a pennant arising, the price is close to breaking out.
A pennant depicts a specific formation that is used to indicate an extension in the upward direction in case if price breaks above resistance.
There is a chance of a bullish push up towards 0.885 on a breach of 0.8842.
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USD/CHF