EUR/CHF – 1H – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 0.92053 will continue.

Caution: A possible trend reversal in the direction of support at 0.91698 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Three Outside Up’ chart pattern is found. The chart shows ‘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 probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.91918 – 0.9181 – 0.92053 – 0.91698 – 0.917 – 0.91587 —
0.91892 – 0.91968 —
55.074434119455 – 53.209013761614 —
– —
0.91918 – 1776931200

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