EUR/CHF – 30M – BUY

Besides a ‘Inverse Head and Shoulder chart pattern’ chart layout is detected. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. which is a positive chart scenario. The pair is likely to go up.

The pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

An ascending movement up to the next resistance at 0.92099 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.9168 could happen.
Consider stop-loss settings accordingly.

Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.

Besides a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a negative signal. The currency pair could go down.

Besides a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.92099 – 0.91875 – 0.91889 – 0.9168 – 0.91629 – 0.91641 —
0.92024 – 0.91871 —
65.40502898859 – 47.312468783483 —
– —
0.92099 – 1769596200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – Inverse Head and Shoulder chart pattern – – – – – – – –