EUR/CHF – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.92053 will persist.

Caution: A possible change in the direction of the support zone at 0.917 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.

And also a ‘Bullish Engulfing’ candlestick pattern is found. The candles show ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ going up is 63%.

0.91851 – 0.91741 – 0.9181 – 0.917 – 0.91598 – 0.91587 —
0.91872 – 0.91895 —
61.206819956606 – 64.412131869209 —
– —
0.91851 – 1776871800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing – – – – – – – – –