EUR/CHF – 30M – BUY

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

An ascending movement upwards to the next resistance level at 0.91771 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.91625 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish SBS White Lines’ candle pattern is existing. The chart forms ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.91771 – 0.91834 – 0.92053 – 0.91625 – 0.91634 – 0.92234 —
0.91725 – 0.91765 —
37.007176017307 – 40.925197457208 —
– —
0.91771 – 1776751200

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