EUR/CHF – 30M – BUY

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

A bullish trend upwards to the next resistance level at 0.91222 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.9105 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K crosses above 0.2’ indicator signal is detected. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.9127 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.91222 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Line Strike – Bullish’ candlestick pattern is discovered. The candles form ‘Three Line Strike – Bullish’. which is a positive 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 Line Strike – Bullish’ heading up is 83% (Bear Market).

0.91222 – 0.91414 – 0.9149 – 0.9105 – 0.91125 – 0.91243 —
0.91307 – 0.91199 —
71.128013379602 – 44.877060781297 —
– —
0.91222 – 1771954200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Line Strike – Bullish – – – – – – – – –