EUR/CHF – 30M – BUY

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

A bullish movement up to the next resistance line at 0.92184 will continue.

Caution: A possible trend reversal in the direction of support at 0.91998 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.92184 – 0.9227 – 0.92253 – 0.91998 – 0.92094 – 0.91948 —
0.92077 – 0.92086 —
49.690386684495 – 49.292004932126 —
– —
0.92184 – 1781515800

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