The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.91394 is certain.
Caution: A possible change in the direction of support at 0.90984 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Bearish SBS White Lines’ candlestick pattern is existing. The chart forms ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91808 |
| 2nd High | 0.91789 |
| Next High | 0.91394 |
| Current Price | 0.91306 |
| Next Low | 0.90984 |
| 2nd Low | 0.90944 |
| 3rd Low |
0.91394 – 0.91379 – 0.91789 – 0.90984 – 0.90944 – 0.91232 —
0.91248 – 0.91335 —
42.25208213495 – 45.877020785128 —
– —
0.91394 – 1770757200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – Double bottom chart pattern – – – – – – – –