EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

An ascent upwards to the next resistance line at 0.90544 is certain.

Caution: A possible change in the direction of the support line at 0.90179 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. this 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 chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.90544 – 0.90382 – 0.90279 – 0.90179 – 0.9006 – 0.90087 —
0.90529 – 0.90295 —
64.314219971952 – 24.371761356606 —
– —
0.90544 – 1773379800

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