EUR/CHF – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.91999 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.92503 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Up’ candlestick pattern is found. The candles form ‘Three Outside Up’. this is a bullish signal. The 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).

0.92503 – 0.92499 – 0.92165 – 0.91495 – 0.92216 – 0.92299 —
0.91694 – 0.91693 —
22.156585452769 – 29.775996586708 —
– —
0.92503 – 1777478400

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