EUR/CHF – 30M – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.93597 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.93538 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93879 |
| 2nd High | 0.93666 |
| Next High | 0.93597 |
| Current Price | 0.93799 |
| Next Low | 0.93538 |
| 2nd Low | 0.93483 |
| 3rd Low | 0.93410 |
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers