EUR/CHF – 30M – BUY

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

A bullish trend up to the next resistance level at 0.91572 is certain.

Caution: A possible change in the direction of the support level at 0.91332 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Bearish SBS White Lines’ chart pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.91572 – 0.9156 – 0.91756 – 0.91332 – 0.91443 – 0.91447 —
0.91538 – 0.91557 —
50.831675384959 – 47.689602989664 —
– —
0.91572 – 1778166000

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