EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

An ascending movement up to the next resistance line at 0.91676 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.91489 could occur.
Consider stop-loss settings accordingly.

Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.91676 – 0.9178 – 0.91775 – 0.91489 – 0.91576 – 0.91431 —
0.91568 – 0.91590 —
42.024563580701 – 49.531059153463 —
– —
0.91676 – 1777971600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Belt Hold – – – – – – – – –