EUR/CHF – 30M – BUY

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

A bullish movement upwards to the next resistance at 0.92184 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.91998 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Bullish Divergence’. In der Regel bedeutet das ein negatives signal. Das Paar tendiert eventuell nach unten.

In addition a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.92184 – 0.9227 – 0.92253 – 0.91998 – 0.92094 – 0.91948 —
0.92053 – 0.92073 —
42.852239076914 – 46.504499927607 —
– —
0.92184 – 1781515800

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