EUR/CHF – 1H – BUY

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

A bullish ascent upwards to the next resistance at 0.90467 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.90179 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.90467 – 0.90498 – 0.90469 – 0.90179 – 0.9006 – 0.90087 —
0.90417 – 0.90502 —
61.856630473009 – 62.356638095729 —
– —
0.90467 – 1773223200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –