Buy EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 0.90544 will continue.

Caution: A possible change in the direction of the support level at 0.90215 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.90440424 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.90544 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Up’ candle chart pattern is detected. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.90717
2nd High 0.90707
Next High 0.90544
Current Price 0.90379
Next Low 0.90215
2nd Low 0.90179
3rd Low 0.9006

0.90544 – 0.90467 – 0.90498 – 0.90215 – 0.90179 – 0.9006 —
0.90403 – 0.90389 —
50.465432374994 – 43.164766920352 —
– —
0.90544 – 1773378000

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