Buy EUR/CHF – 30M – BUY

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

An ascent up to the next resistance at 0.92247 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.92017 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which 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’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.9237
2nd High 0.92313
Next High 0.92247
Current Price 0.92264
Next Low 0.92017
2nd Low 0.91926
3rd Low 0.91791

0.92247 – 0.92313 – 0.9237 – 0.92017 – 0.92163 – 0.9216 —
0.92179 – 0.92235 —
55.282306974147 – 63.341241634899 —
– —
0.92247 – 1783645200

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