There is a descending channel happening and the price is ready to break out now.
A descending channel identifies a useful chart signal that typically signals a bullish price move in case if price breaks through the resistance.
There is a chance of a further rangebound towards the 0.906 zone on a break above 0.904 as bullish momentum increases.
USD/CHF: Bearish Flag
USD/CHF,
1 day
SHORT
Jun 16
A bearish flag is close to being finished, the price is ready to break out now.
Once price breakdown occurs, the move could signal a bearish price move.
USD/CHF to extend the correction lower to 0.89 as indicators favor bears.
USD/CHF: Bearish Flag
USD/CHF,
1 day
SHORT
Apr 5
It seems like a bearish flag is discovered.
A bearish flag is believed to be a technical pattern that often signals a next move down if price breaks out to the the downside.
There is a possibility of a bearish continuation towards 0.9 while lower than 0.91.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
Nov 3
There is a rising wedge forming.
A rising wedge is said to depict a technical bearish signal that is used to spot that the price to go short if price breaks through the support.
USD/CHF to increase bearish potential to 0.905 on a breach of 0.9054 as USD/CHF loses bullish momentum.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
LONG
Jun 28
There is a symmetrical triangle detected and the price asks for a bigger move as an information of a breakout.
A symmetrical triangle typically results in extending an uptrend once price breaks above resistance.
It is not ruled out that a move to 0.896 will form on a upside break as USD/CHF nears 0.8952 hurdle.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
SHORT
May 30
There is an ascending triangle distinguished and the price is ready to break out soon.
When price breaks out, the move could indicate a bearish price move.
USD/CHF targets a move towards 0.903 as bears seeking a new low.
USD/CHF: Pennant
USD/CHF,
4 hours
LONG
Mar 14
It looks like a pennant is very close to being finished and the price is ready to break out soon.
A pennant spots extending an uptrend if price breaks out to the the upside.
USD/CHF targets a move to 0.88.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Aug 16
A descending channel takes place and the price is breaking out.
A descending channel is considered to be a compelling price formation with a downward bias that identifies a bullish price action if price breaks out to the the upside.
USD/CHF to peak towards 0.88 once above 0.879 as the currency pair is at a brink of a bullish breakout.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Jul 27
There is a descending channel appearing.
If price breaks out, the move could spot the bears have run out of steam.
USD/CHF aims to complete a retracement towards 0.862 once above 0.8605 as the currency pair looks bid.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Dec 18
We can see that a rectangle materializes, the price is close to breaking out soon.
A rectangle spots a bearish move once price breaks below support.
There is a possibility of a bearish move to the 0.866 zone on a breach of 0.867.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Jul 31
It looks like a descending channel forms and the price lacks more active rise as a clue of a breakout.
Once price breaks out to the the upside, the resulting move could indicate that the price to go up.
USD/CHF targets a move to the 0.873 zone on a breakout of the descending channel amid the currency pair reclaims part of the ground lost.
USD/CHF: Descending Channel
USD/CHF,
1 day
LONG
Jan 17
We can see that the price completes a descending channel and the price is going to break out.
A descending channel is a specific bullish price action formation that typically spots a bullish price move once price breaks out to the the upside.
USD/CHF to peak towards 0.88 on a break above 0.86 as indicators favor bulls.
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USD/CHF