EUR/CHF – 1H – BUY

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

A bullish ascent up to the next resistance line at 0.90469 is certain.

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

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Besides a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The chart forms ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.90469 – 0.90707 – 0.90717 – 0.89803 – 0.89831 – 0.90528 —
0.90291 – 0.90438 —
47.072104103849 – 54.828606042154 —
– —
0.90469 – 1773136800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –