EUR/CHF – 30M – BUY

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.90440424 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.90414 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.90414 – 0.90544 – 0.90382 – 0.90215 – 0.90179 – 0.9006 —
0.90397 – 0.90325 —
52.691835031373 – 41.754836652129 —
– —
0.90414 – 1773423000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –