EUR/CHF – 30M – BUY

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

A bullish ascent upwards to the next resistance at 0.91918 will continue.

Caution: A possible counter-trend in the direction of support at 0.917 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. chart scenario.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.91847166 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.91918 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.91918 – 0.91851 – 0.91741 – 0.917 – 0.91598 – 0.91587 —
0.91832 – 0.91744 —
38.014173079647 – 33.005986101371 —
– —
0.91918 – 1776931200

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