EUR/CHF – 1H – BUYThe pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline upwards
A bullish trend up to the next resistance level at 0.93879 is considered certain.
Caution: A possible change in the direction of the support line at 0.92709 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94423 |
| 2nd High | 0.94176 |
| Next High | 0.93879 |
| Current Price | 0.93392 |
| Next Low | 0.92709 |
| 2nd Low | 0.92555 |
| 3rd Low | 0.92045 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers