Buy EUR/CHF – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.91999 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.91516 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The candles show ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92354
2nd High 0.92171
Next High 0.91999
Current Price 0.92364
Next Low 0.91516
2nd Low 0.91482
3rd Low 0.91429

0.91999 – 0.91997 – 0.91685 – 0.91516 – 0.91482 – 0.91429 —
0.92278 – 0.92428 —
78.051313589068 – 66.107419946894 —
– —
0.91999 – 1774864800

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