EUR/CHF – 30M – BUYThe pair Euro/Swiss Franc (EUR/CHF) moves from the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.92753 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.92584 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93027 |
| 2nd High | 0.93021 |
| Next High | 0.92753 |
| Current Price | 0.92700 |
| Next Low | 0.92584 |
| 2nd Low | 0.92045 |
| 3rd Low |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers