Buy EUR/CHF – 1H – BUY

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

An ascent upwards to the next resistance level at 0.91809 is considered certain.

Caution: A possible change in the direction of the support level at 0.91584 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Bullish Divergence’. signal.

There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.91811 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.91809 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.92171
2nd High 0.9183
Next High 0.91809
Current Price 0.91720
Next Low 0.91584
2nd Low 0.91485
3rd Low 0.91451

0.91809 – 0.9183 – 0.92171 – 0.91584 – 0.91485 – 0.91809 —
0.91808 – 0.91636 —
56.934626944942 – 44.277514243196 —
– —
0.91809 – 1770249900

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