EUR/CHF – 4H – BUY

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

The bullish trend up to the next resistance level at 0.91691 is expected.

Caution: A possible counter-trend in the direction of support at 0.90958 could occur.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.91756 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.91691 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.91691 – 0.91697 – 0.91747 – 0.90958 – 0.90961 – 0.91322 —
0.91530 – 0.91700 —
58.825927132171 – 66.774766619376 —
– —
0.91691 – 1779969600

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –