EUR/CHF – 30M – BUY

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

A bullish ascent up to the next resistance level at 0.9183 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.91669 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Bearish SBS White Lines’ candle chart pattern is detected. The chart forms ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.9183 – 0.91752 – 0.91945 – 0.91669 – 0.91485 – 0.91809 —
0.91711 – 0.91682 —
46.728007781619 – 36.252144793447 —
– —
0.9183 – 1770199200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –