EUR/CHF – 30M – BUY

Moreover a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9156 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.91756 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.91756 – 0.91654 – 0.91676 – 0.91364 – 0.91451 – 0.91489 —
0.91548 – 0.91541 —
51.765194575815 – 51.180417155682 —
– —
0.91756 – 1778068800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Belt Hold – – – – – – – – –