EUR/CHF – 4H – BUY

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

An ascent up to the next resistance at 0.91691 is expected.

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

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Three Outside Up’ candlestick chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.91691 – 0.91697 – 0.91747 – 0.90958 – 0.90961 – 0.91322 —
0.91544 – 0.91697 —
57.828131217476 – 64.890898021753 —
– —
0.91691 – 1779969600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –