Buy EUR/CHF – 4H – BUY

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

A bullish trend up to the next resistance level at 0.92357 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.91587 could happen.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Up’ chart pattern is existing. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 0.92653
2nd High 0.92628
Next High 0.92357
Current Price 0.91882
Next Low 0.91587
2nd Low 0.91429
3rd Low 0.8988

0.92357 – 0.92628 – 0.92653 – 0.91587 – 0.91941 – 0.91429 —
0.91851 – 0.91900 —
45.333903218727 – 46.242926939649 —
– —
0.92357 – 1776369600

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