EUR/CHF – 1H – BUY

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.90544 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.90707 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.90544 – 0.90467 – 0.90498 – 0.8988 – 0.90215 – 0.90179 —
0.90377 – 0.90617 —
50.56595282996 – 61.906339333162 —
– —
0.90544 – 1773378000

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