EUR/CHF – 4H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

A bullish ascent up to the next resistance line at 0.91756 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.91431 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.91756 – 0.9178 – 0.92503 – 0.91431 – 0.91587 – 0.91941 —
0.91545 – 0.91565 —
38.821461620599 – 39.450333711008 —
– —
0.91756 – 1778068800

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