EUR/CHF – 4H – BUY

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

A bullish trend upwards to the next resistance line at 0.90498 is considered certain.

Caution: A possible change in the direction of the support level at 0.9006 should always be considered.
Consider stop-loss settings accordingly.

In addition 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 signal. The pair is likely to go up.

In addition a ‘Bearish Harami Cross’ chart pattern is existing. The chart forms ‘Bearish Harami Cross’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

0.90498 – 0.91506 – 0.9149 – 0.9006 – 0.89803 – 0.90229 —
0.90382 – 0.90352 —
46.899406144297 – 48.424196574794 —
– —
0.90498 – 1773172800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish Harami Cross – – – – – – – – –