We can see that a falling wedge is close to being complete.
A falling wedge often signals the bears have run out of steam when price breaks out.
A bullish run towards the 0.805 zone looks likely.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
14 hours ago
It seems like an ascending triangle has been discovered.
An ascending triangle typically results in an extension in the upward direction in case if price breaks out.
Usdchf to turn bullish towards 0.8025 on a upside break as the currency pair challenges 0.802 hurdle.
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: Descending Channel
USD/CHF,
4 hours
LONG
Oct 29
A descending channel is almost finished, the price is about to break out.
A descending channel depicts a bullish pattern that is used to indicate a trend change to the upside in case if price breaks through the resistance.
A rangebound to the 0.797 mark is not ruled out once beyond 0.7958.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Feb 13
There is an ascending channel emerging.
Once price breaks below support, the move could indicate price heading to a new direction.
USD/CHF does not rule out a move towards 0.911 on a breakout of the ascending channel.
USD/CHF: Descending Channel
USD/CHF,
4 hours
LONG
Jan 27
A descending channel has been exposed and USD/CHF requests a more move as a verification of a breakout.
A descending channel often signals a bullish price move in case if price breaks out to the the upside.
USD/CHF to jump to 0.908 once beyond 0.906 as USD/CHF is at a brink of a bullish breakout.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Apr 18
There is a rectangle arising, the price requests a further bearish impulse to confirm a breakout.
A rectangle often signals the bulls have run out of steam once price breaks down.
USD/CHF to continue lower towards 0.814 as bears looking for profit.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Nov 26
It seems like a rectangle is very close to being finished and the price requests a more active bearish action as a verification of a breakdown.
A rectangle is considered to be a specific chart formation that signals the more likely potential of falling prices when price breaks below support.
Usdchf to extend its slide towards 0.805 as usdchf becomes weak.
USD/CHF: Pennant
USD/CHF,
1 hour
SHORT
Apr 18
There is a pennant recognized and the price is about to break out.
When price breaks through the support, the move could predict a move down.
USD/CHF could attempt a move to the 0.816 level as upside pressure alleviates.
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