EUR/CHF – 30M – BUY

The pair Euro/Swiss Franc (EUR/CHF) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 0.93501 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.93327 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Bullish Engulfing’ candlestick pattern is detected. The candles show ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

0.93501 – 0.93245 – 0.92966 – 0.93327 – 0.93011 – 0.92989 —
0.93494 – 0.93413 —
65.793909723921 – 53.69482998064 —
– —
0.93501 – 1764081000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bullish Engulfing – – – – – – – – –