EUR/CHF – 1H – BUY

Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 0.91928912 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.9227 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Bearish Harami’ candle chart pattern is existing. The candles form ‘Bearish Harami’. this 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 Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

0.9227 – 0.92343 – 0.92046 – 0.91948 – 0.92079 – 0.91918 —
0.92163 – 0.92079 —
50.213737738572 – 35.124874174509 —
– —
0.9227 – 1781481900

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Harami – – – – – – – – –