EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 0.92244 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.92124 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. 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).

0.92244 – 0.92161 – 0.92143 – 0.92124 – 0.92107 – 0.92051 —
0.92170 – 0.92204 —
49.828455625838 – 54.422790065026 —
0.92124 – 1783445400 —
0.92244 – 1783429200

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