Buy EUR/CHF – 1H – BUY

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

A bullish trend upwards to the next resistance level at 0.9183 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.91485 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Bullish Tri-Star’ candlestick chart pattern is existing. The candles show ‘Bullish Tri-Star’. 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 ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92354
2nd High 0.92171
Next High 0.9183
Current Price 0.91733
Next Low 0.91485
2nd Low 0.91451
3rd Low 0.91434

0.9183 – 0.92171 – 0.91736 – 0.91485 – 0.91809 – 0.91451 —
0.91695 – 0.91751 —
46.039627471379 – 56.1017982482 —
– —
0.9183 – 1770199200

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