EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline downwards

A bearish trend down to the next support at 0.93553 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94176 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.93982952 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.94176 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Download EUR/CHF Signal Image

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers