EUR/CHF – 1H – BUY

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.93257 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.93278 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Bullish Belt Hold’ candle pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.93181 – 0.93257 – 0.93196 – 0.92957 – 0.92971 – 0.93097 —
0.93273 – 0.93306 —
71.984896697499 – 73.100597439727 —
– —
0.93181 – 1768226400

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