EUR/CHF – 1H – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.92147776 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.91918 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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

0.91918 – 0.9181 – 0.92053 – 0.91698 – 0.917 – 0.91587 —
0.91968 – 0.92035 —
53.209013496196 – 53.203473230042 —
– —
0.91918 – 1776931200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –