The combination Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 0.92053 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.91871 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. signal.
Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. signal.
Next a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92357 |
| 2nd High | 0.92321 |
| Next High | 0.92053 |
| Current Price | 0.91978 |
| Next Low | 0.91871 |
| 2nd Low | 0.91728 |
| 3rd Low | 0.91698 |
0.91892 – 0.919 – 0.91918 – 0.91871 – 0.91728 – 0.91698 —
0.92002 – 0.92019 —
63.915834996319 – 48.102332545531 —
– —
0.91892 – 1776985200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –