EUR/CHF – 1H – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance at 0.91756 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.91451 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Bullish Tri-Star’ candlestick chart pattern is found. The candles form ‘Bullish Tri-Star’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

0.91756 – 0.91676 – 0.9178 – 0.91451 – 0.91489 – 0.91576 —
0.91653 – 0.91498 —
54.229578171735 – 39.775381042745 —
– —
0.91756 – 1778068800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Tri-Star – – – – – – – – –