EUR/CHF – 30M – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 0.92147 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.91874 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.92071 – 0.92147 – 0.91892 – 0.91874 – 0.91871 – 0.91728 —
0.92042 – 0.92069 —
54.459484720681 – 60.781676385664 —
– —
0.92071 – 1777260600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –