Daily Forex Update: USD/CHF

By: Dima Chernovolov USD/CHF continues to rise after the price broke the “neckline” of the 4-hour Inverse Head and Shoulders chart pattern which was previously identified by Autochartist. The overall Quality of this chart pattern is rated by Autochartist at the 9 bar level – which is the result of the sharp Initial Trend (10 […]

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Daily Forex Update: USD/CHF

By: Dima Chernovolov USD/CHF continues to rise inside the uniform Triangle chart pattern which was previously identified by Autochartist on the daily charts. The overall Quality of this chart pattern is measured by Autochartist at the 3 bar level – which reflects below-average Initial Trend (4 bars) and higher Uniformity (6 bars). Higher Uniformity reflects […]

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Daily Forex Update: USD/CHF

By: Dima Chernovolov Autochartist recently identified the breakout of the extended Ascending Triangle on the hourly USD/CHF charts. Autochartist measures the length of this chart pattern at the 209 candles. The overall Quality of this Ascending Triangle is measured at the 5 bar level – which is the result of the low Initial Trend (one […]

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