EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

An ascent up to the next resistance level at 0.92321 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.91874 is also possible.
Consider stop-loss settings accordingly.

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

Besides a ‘Bearish SBS White Lines’ candle pattern is existing. The chart forms ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to fall. 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).

0.92147 – 0.91918 – 0.9181 – 0.91874 – 0.91698 – 0.917 —
0.92057 – 0.92160 —
57.663408178236 – 54.883758100358 —
– —
0.92147 – 1777046400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Bearish SBS White Lines – – – – – – – – –