As we can see a falling wedge occurs.
A falling wedge suggests a bullish price action formation that is used to spot that the price will rally further if price breaks out.
USD/CHF to extend its advance towards 0.903.
USD/CHF: Bearish Flag
USD/CHF,
1 day
SHORT
Jul 18
A bearish flag comes out, USD/CHF wants a next steady move to confirm bearish flag breakout.
A bearish flag provides a useful price action indicator that indicates a bearish price action in case if price breaks out to the the downside.
USD/CHF risks a move towards 0.885 once below 0.891.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Oct 10
An ascending channel turns up, the price requests a more bigger impulse down as a clue of a breakout.
When price breaks out, the move could indicate a break during an uptrending market.
It is likely that a rangebound towards 0.859 will form.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Nov 22
A falling wedge pops up.
A falling wedge identifies a specific bullish indicator that is used to identify a next move up once price breaks out.
USD/CHF to jump towards 0.885 on a breach of 0.8838.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
Dec 7
We can see that a rising wedge comes out, the price needs a correction to confirm a breakdown.
A rising wedge tends to be a technical indicator that can be used to indicate that prices move counter to the prevailing price trend if price breaks below support.
There is a chance of a bearish run to the 0.8745 mark on a breach of 0.8746 as bears seeking a new low.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
Mar 14
A rectangle forms.
A rectangle tends to be a chart signal that indicates that the price to go long in case if price breaks out to the the upside.
USD/CHF to have better chances of advancing towards the 0.88 level as there is room for a upside correction.
USD/CHF: Rectangle
USD/CHF,
4 hours
SHORT
Oct 31
There is a rectangle revealed.
A rectangle identifies a next move down once price breaks through the support.
USD/CHF set to extend its decline towards 0.864 as gains remain capped.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
SHORT
Nov 17
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: Bullish Flag
USD/CHF,
1 hour
LONG
Jan 17
There is a bullish flag turning up.
A bullish flag represents a reliable formation that can be used to predict a temporary interruption of an existing trend when price breaks through the resistance.
USD/CHF opens door for a move towards 0.912 amid rising bets for the move.
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: 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: 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.
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