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: Bearish Flag
USD/CHF,
4 hours
SHORT
Mar 17
A bearish flag is nearing completion and USD/CHF demands a steady move as an information of a breakout.
A bearish flag suggests a bearish price action indicator that can be used to spot an interruption of an uptrend once price breaks down.
It is possible that a move to 0.882 will take place while lower than 0.883 as bears looking for downside correction.
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: 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: 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: Pennant
USD/CHF,
4 hours
SHORT
Feb 11
There is a pennant turning up.
Once price breaks through the support, the move could spot the more likely potential of falling prices.
A bearish run to the 0.91 mark looks possible.
USD/CHF: Bearish Flag
USD/CHF,
1 hour
SHORT
Mar 6
There is a bearish flag occuring, USD/CHF needs a next active move to confirm a breakdown.
Once price collapses through the support line, the resulting move could indicate a breakdown is likely to occur.
There is a probability of a bearish price action towards the 0.884 mark on a breach of 0.8865.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Feb 20
An ascending channel comes out and the price calls for a move as an indication of a breakout.
In case if price breakdown occurs, the resulting move could predict a potential reversal in price action.
USD/CHF risks potential downside towards 0.903 on impulse below 0.9034 amid rising bets for the move.
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.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
May 30
USD/CHF forms a rising wedge, the price asks for a further steady move as proof of a breakdown.
A rising wedge tends to be a bearish price action formation that is used to indicate a further move down in case if price breaks through the support.
USD/CHF to drop towards the 0.912 level.
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USD/CHF