The pair Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.92503 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.91429 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92653 |
| 2nd High | 0.92628 |
| Next High | 0.92503 |
| Current Price | 0.92166 |
| Next Low | 0.91429 |
| 2nd Low | 0.90958 |
| 3rd Low | 0.8988 |
0.91917 – 0.91691 – 0.91697 – 0.91429 – 0.90958 – 0.90961 —
0.91903 – 0.92176 —
59.841670602716 – 70.024853965815 —
– —
0.91917 – 1780516800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –