EUR/CHF – 30M – BUY

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.92556 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.92912 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.92912 – 0.92972 – 0.93166 – 0.92556 – 0.92814 – 0.92705 —
0.92698 – 0.92793 —
41.855358537221 – 50.85231474495 —
– —
0.92912 – 1768896000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Matching Low – – – – – – – – –