A descending triangle has been noticed, the price requests a more move as a verification of a breakout.
If price breaks down, the move could indicate that the price to go down.
There is a probability of a bearish price action to 0.886.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Nov 14
There is a rectangle diagnosed.
A rectangle often identifies a sharp decline once price collapses through the support line.
A rangebound to the 0.9 level looks probable on a breakdown of the rectangle.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
Sep 24
There is an ascending channel forming and USD/CHF requires next active pullback as proof of a breakout.
An ascending channel represents a technical bearish chart signal that is used to predict a move down once price breaks out.
USD/CHF to continue the dereciation trend to 0.844 on a breach of 0.845.
USD/CHF: Descending Channel
USD/CHF,
4 hours
LONG
Jul 20
There is a descending channel developing and the price is ready to break out now.
Once price breaks out, the move could identify that the price to go up.
It is possible that a further bullish continuation towards the 0.862 level will take place.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Sep 10
An ascending channel is nearing completion, USD/CHF needs further active pullback as a sign of a breakout.
An ascending channel is a bearish price formation that is used to spot an interruption of an uptrend if price breakdown occurs.
There is a possibility of a move towards 0.846.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
LONG
Jun 11
A descending triangle is distinguished, the price expects a further strong move as a verification of a breakout.
A descending triangle results in that the price to go long when price breaks out.
There is a chance of a bullish push up to the 0.897 zone.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Apr 14
USD/CHF gives a descending channel and the price asks for a further bigger bullish continuation for the certainty of breakout.
A descending channel identifies a compelling signal that is used to predict a next move up if price breaks through the resistance.
It is not ruled out that a bullish price action towards 0.895 will form on a breach of 0.89 as the currency pair challenges 0.89 hurdle.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Jun 7
There is a falling wedge observed, the price wants a further active move to confirm falling wedge breakout.
When price breaks through the resistance, the resulting move could predict extending an uptrend.
USD/CHF does not rule out a move towards 0.89.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jun 12
We can see that an ascending channel takes place and the price is about to break out now.
Once price breaks out to the the downside, the resulting move could signal a break during an uptrending market.
There is a probability of a bearish price action to 0.897 on impulse below 0.8976 as indicators favor bears.
USD/CHF: Rectangle
USD/CHF,
1 day
SHORT
Jul 26
We can see that a rectangle is uncovered and USD/CHF demands a next active move as an information of a breakout.
A rectangle is a specific formation that signals a move down when price breaks out.
USD/CHF accelerates losses towards 0.88 as extra rangebound not ruled out.
USD/CHF: Ascending Triangle
USD/CHF,
4 hours
SHORT
May 28
There is an ascending triangle spotted.
When price breakdown occurs, the move could signal prices are likely to keep falling downward.
There is a possibility of a bearish continuation towards the 0.91 zone on a breakout of the ascending triangle as the currency pair becomes capped.
USD/CHF: Ascending Channel
USD/CHF,
1 day
SHORT
May 16
USD/CHF sets up an ascending channel, the price requires a next steady bearish move as evidence of a breakdown.
If price breaks out, the move could signal that the price to go down.
USD/CHF set to accelerate its decline towards 0.9.
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