Buy EUR/CHF – 30M – BUY

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

A bullish trend up to the next resistance line at 0.90768 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.90558 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 0.91274
2nd High 0.90984
Next High 0.90768
Current Price 0.90629
Next Low 0.90558
2nd Low 0.90332
3rd Low 0.90229

0.90768 – 0.90984 – 0.90875 – 0.90558 – 0.90663 – 0.90905 —
0.90579 – 0.90601 —
32.697116761596 – 47.712874123984 —
– —
0.90768 – 1772668800

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