EUR/CHF – 30M – BUY

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

The bullish trend up to the next resistance line at 0.91756 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.91451 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9168402 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 0.91756 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.91756 – 0.91654 – 0.91676 – 0.91451 – 0.91489 – 0.91489 —
0.91756 – 0.91625 —
65.789066914642 – 48.273545533539 —
0.91756 – 1778068800 —
– 1778068800

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