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: Rectangle
USD/CHF,
1 hour
SHORT
Feb 20
It looks like a rectangle has been determined and the price asks for next steady push down as a verification of a breakdown.
A rectangle describes a compelling bearish formation that often predicts a next move down in case if price breaks out.
USD/CHF points to the downside towards 0.9025.
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: Ascending Channel
USD/CHF,
1 hour
SHORT
Jan 13
It looks like the price builds an ascending channel and the price is ready to break out.
An ascending channel typically results in that the price to go down when price breaks below support.
USD/CHF to fall to the 0.914 level.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
Dec 2
There is a rectangle noticed and USD/CHF lacks a move as evidence of a breakout.
A rectangle is a compelling price action indicator that is used to spot a move up when price breaks out to the the upside.
USD/CHF points to the upside towards the 0.884 level once above 0.8832 as USD/CHF is at a brink of a bullish breakout.
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 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: Descending Channel
USD/CHF,
1 hour
LONG
Aug 24
We can see that a descending channel has been encountered, the price is breaking out.
In case if price breaks above resistance, the resulting move could identify a countertrend succeeding the current trend.
USD/CHF looks north towards the 0.88 level.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
LONG
Oct 16
A symmetrical triangle develops, the price breaks out.
Once price breaks through the resistance, the resulting move could identify the more likely potential of rising prices.
There is a probability of a bullish push up to the 0.863 level on a breakout of the symmetrical triangle.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Sep 13
The price sets up an ascending channel.
An ascending channel suggests a bearish price action signal that is used to spot prices are likely to keep falling downward when price breaks out to the the downside.
There is a probability of a bearish move towards 0.85 on a breakout of the ascending channel.
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USD/CHF