The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.91903 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.91769 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochOSC Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Hidden Bullish Divergence’. chart scenario.
Furthermore a ‘MACD-Hist Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD-Hist Bullish Divergence’. chart scenario.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92349 |
| 2nd High | 0.92106 |
| Next High | 0.91903 |
| Current Price | 0.91862 |
| Next Low | 0.91769 |
| 2nd Low | 0.91763 |
| 3rd Low | 0.91429 |
0.91903 – 0.92106 – 0.92106 – 0.91769 – 0.91805 – 0.91986 —
0.91854 – 0.91826 —
44.288271314489 – 35.304533291458 —
– —
0.91903 – 1783049400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –