We can see that a descending channel is close to being completed, the price is ready to break out now.
A descending channel is a technical indicator that can be used to predict a bullish price move if price breaks above resistance.
It is not ruled out that a further rangebound to 0.848 will occur.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Jan 11
It seems like a rectangle appears, USD/CHF needs a further move to confirm rectangle breakout.
A rectangle suggests a bearish price signal that often indicates a sharp decline in case if price breaks out.
A bearish move towards 0.849 is on the way on impulse below 0.8496 as outlook for USD/CHF stays negative.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Oct 11
There is a descending channel happening and the price is ready to break out now.
A descending channel identifies a useful chart signal that typically signals a bullish price move in case if price breaks through the resistance.
There is a chance of a further rangebound towards the 0.906 zone on a break above 0.904 as bullish momentum increases.
USD/CHF: Bearish Flag
USD/CHF,
1 day
SHORT
Jun 16
A bearish flag is close to being finished, the price is ready to break out now.
Once price breakdown occurs, the move could signal a bearish price move.
USD/CHF to extend the correction lower to 0.89 as indicators favor bears.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
LONG
Oct 16
There is a symmetrical triangle encountered, the price is ready to break out.
A symmetrical triangle depicts an indicator that typically indicates the more likely potential of rising prices in case if price breaks above resistance.
USD/CHF to have better chances of advancing towards 0.863 on a upside break as uptrend may continue.
USD/CHF: Bearish Flag
USD/CHF,
1 day
SHORT
Apr 5
It seems like a bearish flag is discovered.
A bearish flag is believed to be a technical pattern that often signals a next move down if price breaks out to the the downside.
There is a possibility of a bearish continuation towards 0.9 while lower than 0.91.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Nov 8
It looks like a descending channel is spotted.
A descending channel identifies a technical bullish chart signal that often indicates a bullish move once price breaks out.
It is not ruled out that a bullish price action to the 0.878 mark will occur.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
Nov 3
There is a rising wedge forming.
A rising wedge is said to depict a technical bearish signal that is used to spot that the price to go short if price breaks through the support.
USD/CHF to increase bearish potential to 0.905 on a breach of 0.9054 as USD/CHF loses bullish momentum.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
34 hours ago
A descending channel materializes and the price is breaking out.
A descending channel typically indicates extending an uptrend when price breaks out to the the upside.
It is likely that a further bullish push up to 0.884 will take place on a break above 0.883 as USD/CHF looks bid.
USD/CHF: Symmetrical Triangle
USD/CHF,
1 hour
LONG
Jun 28
There is a symmetrical triangle detected and the price asks for a bigger move as an information of a breakout.
A symmetrical triangle typically results in extending an uptrend once price breaks above resistance.
It is not ruled out that a move to 0.896 will form on a upside break as USD/CHF nears 0.8952 hurdle.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
SHORT
May 30
There is an ascending triangle distinguished and the price is ready to break out soon.
When price breaks out, the move could indicate a bearish price move.
USD/CHF targets a move towards 0.903 as bears seeking a new low.
USD/CHF: Rectangle
USD/CHF,
4 hours
SHORT
Sep 25
It seems like a rectangle arises, the price breaks out.
A rectangle often spots extending an downtrend if price breaks through the support.
USD/CHF set to extend its decline to the 0.84 level on a breakout of the rectangle amid the currency pair recedes from tops.
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USD/CHF