EUR/CHF – 30M – BUY

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

A bullish movement upwards to the next resistance at 0.90544 is expected.

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

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.90544 – 0.90382 – 0.90279 – 0.90215 – 0.90179 – 0.9006 —
0.90328 – 0.90338 —
40.671081352993 – 42.69007384938 —
– —
0.90544 – 1773379800

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