The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.91752 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.91485 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Then a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92171 |
| 2nd High | 0.91945 |
| Next High | 0.91752 |
| Current Price | 0.91795 |
| Next Low | 0.91485 |
| 2nd Low | 0.91451 |
| 3rd Low | 0.91434 |
0.91752 – 0.91945 – 0.92171 – 0.91485 – 0.91809 – 0.91568 —
0.91725 – 0.91712 —
48.987024723835 – 49.508711825746 —
– —
0.91752 – 1770174000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –