The combination Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.9237 is certain.
Caution: A possible trend reversal in the direction of the support level at could happen.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92613 |
| 2nd High | 0.92431 |
| Next High | 0.9237 |
| Current Price | 0.92258 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.9237 – 0.92292 – 0.92244 – 0.9216 – 0.92104 – 0.92082 —
0.92275 – 0.92216 —
48.64706328445 – 36.822353555044 —
– —
0.9237 – 1783537200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –