Buy EUR/CHF – 4H – BUY

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

A bullish movement upwards to the next resistance line at 0.90498 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.89803 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.91687
2nd High 0.91506
Next High 0.90498
Current Price 0.90484
Next Low 0.89803
2nd Low
3rd Low

0.90498 – 0.91506 – 0.9149 – 0.89803 – 0.90229 – 0.91033 —
0.90383 – 0.90396 —
43.041833077092 – 51.564318451233 —
– —
0.90498 – 1773172800

Trading Signals:

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