EUR/CHF – 4H – BUY

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.91429 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.9178 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Matching Low’ candle pattern is existing. The chart forms ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.9178 – 0.92503 – 0.92357 – 0.91431 – 0.91587 – 0.91941 —
0.91665 – 0.91686 —
36.223825846274 – 42.028941525451 —
– —
0.9178 – 1777896000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –