Three White Soldiers

Buy USD/CHF – 1H – BUY

The pair US Dollar/Swiss Franc (USD/CHF) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance line at 0.89175 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.88650 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.89175 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.89175 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.89175
Current Price 0.88910
Next Low 0.88650
2nd Low 0.87971
3rd Low 0.87008

Download USD/CHF Signal Image

Trading Signals:

Buy EUR/USD – 30M – BUY

The pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.

An ascent upwards to the next resistance line at 1.05821 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 1.05118 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. 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 1.06628
2nd High 1.06542
Next High 1.05821
Current Price 1.05784
Next Low 1.05118
2nd Low 1.04961
3rd Low

Download EUR/USD Signal Image

Trading Signals:

Buy EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 0.93878 will continue.

Caution: A possible change in the direction of the support zone at 0.93488 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which 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 White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.93999
2nd High 0.93886
Next High 0.93878
Current Price 0.93853
Next Low 0.93488
2nd Low 0.93390
3rd Low 0.93320

Download EUR/CHF Signal Image

Trading Signals:

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