EUR/CHF – 30M – BUY

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

An ascent upwards to the next resistance at 0.91654 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 0.91489 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator is ‘RSI Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘MACD Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

Besides a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Bullish Divergence’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.916345 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.91654 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.91654 – 0.91676 – 0.91675 – 0.91489 – 0.91489 – 0.91576 —
0.91585 – 0.91686 —
45.236537211459 – 44.664794199153 —
– —
0.91654 – 1777998600

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