EUR/CHF – 30M – BUY

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

A bullish ascent upwards to the next resistance at 0.90382 will persist.

Caution: A possible change in the direction of support at 0.9006 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.90370948 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.90382 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.90382 – 0.90279 – 0.90391 – 0.9006 – 0.90087 – 0.9021 —
0.90237 – 0.90250 —
45.388017923371 – 44.333507285066 —
– —
0.90382 – 1773315000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –