EUR/CHF – 1H – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance line at 0.93492 will continue.

Caution: A possible trend reversal in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Bullish Belt Hold’ candle pattern is detected. The candles form ‘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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.93492 – 0.93181 – 0.93257 – 0.92957 – 0.92971 – 0.93097 —
0.93144 – 0.93216 —
41.623470922932 – 50.049811052186 —
– —
0.93492 – 1768388400

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