Buy EUR/CHF – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.91834 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.91625 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Up’ candle pattern is detected. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.92321
2nd High 0.92053
Next High 0.91834
Current Price 0.91765
Next Low 0.91625
2nd Low 0.91571
3rd Low 0.91516

0.91834 – 0.92053 – 0.92321 – 0.91625 – 0.91634 – 0.92234 —
0.91736 – 0.91762 —
39.978041617235 – 44.384539185283 —
– —
0.91834 – 1776729600

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