The pair Euro/Swiss Franc (EUR/CHF) goes from the bearish trendline upwards
The bullish trend upwards to the next resistance at 0.92349 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.91763 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92663 |
| 2nd High | 0.92659 |
| Next High | 0.92349 |
| Current Price | 0.91882 |
| Next Low | 0.91763 |
| 2nd Low | 0.91429 |
| 3rd Low | 0.91385 |
0.92349 – 0.92328 – 0.92349 – 0.91986 – 0.92153 – 0.9217 —
0.91916 – 0.91829 —
27.96138745669 – 31.965883258834 —
– —
0.92349 – 1782903600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –