There is a descending channel emerging, the price is ready to break out.
A descending channel is a specific signal that identifies a bullish price move in case if price breaks through the resistance.
A further bullish continuation to the 0.88 zone is about to happen on a breakout of the descending channel as there is a chance for a upside correction.
USD/CHF: Bearish Flag
USD/CHF,
1 hour
SHORT
5 days ago
There is a bearish flag occuring.
A bearish flag signals a bearish price move when price breaks down.
A rangebound towards 0.912 is a possibility as indicators favor bears.
USD/CHF: Descending Channel
USD/CHF,
1 day
LONG
Jan 10
There is a descending channel arising.
A descending channel is believed to be a bullish price formation that is angled down that is used to signal a further move up in case if price breaks above resistance.
A bullish push up towards the 0.86 zone is likely to happen on a breach of 0.855 as USD/CHF probes 0.855 hurdle.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Aug 31
There is a descending channel emerging, the price calls for a next active bullish action as proof of a breakout.
If price breaks out, the resulting move could signal a potential bullish reversal in price action.
There is a chance of a further bullish run towards 0.879 on a breakout of the descending channel as door open for the continuation of the uptrend.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
May 22
A bullish flag has been recognized.
A bullish flag indicates a further move up in case if price breaks above resistance.
It is possible that a further rangebound to 0.9 will form on a breach of 0.8975.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Jul 6
The price sets up an ascending channel and USD/CHF expects a strong move for the certainty of breakdown.
An ascending channel represents a specific bearish formation that has an upward slope that indicates a bearish price move if price breakdown occurs.
There is a chance of a bearish price action to 0.896.
USD/CHF: Pennant
USD/CHF,
1 hour
LONG
Nov 9
It looks like the price completes a pennant and the price is about to break out.
A pennant often signals that the price to go long when price breaks through the resistance.
A bullish push up towards 0.902 stays on the cards on a upside break.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
SHORT
Jul 21
It seems like an ascending triangle is found.
An ascending triangle typically predicts an extension in the downward direction once price breaks below support.
USD/CHF set to plunge towards 0.864 as the currency pair is at a brink of a bearish breakout.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Feb 27
As we can see a falling wedge is almost completed and the price is going to break out.
A falling wedge spots that the price will rally further when price breaks out.
USD/CHF targets a move towards the 0.88 level once beyond 0.8798 amid rising bets for the move.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Dec 27
There is a rectangle detected.
When price breaks below support, the resulting move could identify that the price to go short.
USD/CHF to extend the fall towards 0.852.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
May 10
An ascending channel develops, the price is breaking out.
In case if price breaks out, the move could predict a further move down.
USD/CHF to extend the fall to 0.889.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Jul 20
There is a descending channel identified and USD/CHF asks for rise as proof of a breakout.
A descending channel suggests a technical price pattern with a downward bias that typically spots the more likely potential of rising prices when price breaks through the resistance.
There is a probability of a bullish push up to 0.86 as indicators favor bulls.
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USD/CHF