Buy EUR/CHF – 4H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline upwards

An ascent upwards to the next resistance level at 0.93072 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.91789 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.9367
2nd High 0.93492
Next High 0.93072
Current Price 0.92294
Next Low 0.91789
2nd Low
3rd Low

0.93072 – 0.93492 – 0.93257 – 0.92536 – 0.92957 – 0.92697 —
0.92842 – 0.92228 —
49.102571853233 – 31.788122487095 —
– —
0.93072 – 1769025600

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