EUR/CHF – 1H – BUY

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

A bullish trend up to the next resistance at 0.92165 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.91874 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Besides a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.92165 – 0.92147 – 0.91918 – 0.91874 – 0.91698 – 0.917 —
0.92102 – 0.92143 —
53.847631325144 – 57.850603446161 —
– —
0.92165 – 1777284000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –