EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline upwards

A bullish ascent upwards to the next resistance at 0.92261 will continue.

Caution: A possible change in the direction of the support zone at 0.91801 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.92261 – 0.9227 – 0.92343 – 0.91993 – 0.91958 – 0.91998 —
0.92035 – 0.91877 —
37.271897481991 – 26.770126000793 —
– —
0.92261 – 1781625600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –