EUR/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.94407 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.94407 could happen.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.94423 |
| Next High | 0.94407 |
| Current Price | 0.94250 |
| Next Low | 0.93949 |
| 2nd Low | 0.93906 |
| 3rd Low | 0.93578 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers