EUR/CHF – 30M – BUY

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

A bullish movement upwards to the next resistance level at 0.92106 is expected.

Caution: A possible change in the direction of the support level at 0.91787 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

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

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.92059 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.92106 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish SBS White Lines’ candlestick pattern is existing. The candles show ‘Bearish SBS White Lines’. this is a bearish 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).

0.91903 – 0.92106 – 0.92106 – 0.91787 – 0.91769 – 0.91805 —
0.91871 – 0.91958 —
52.404150817291 – 54.512614751681 —
– —
0.91903 – 1783049400

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