EUR/CHF – 30M – BUY

And also a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

An ascent up to the next resistance line at 0.93880 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.93603 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.93785 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.93880 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93880 – 0.93762 – 0.93925 – 0.93603 – 0.93608 – 0.93639

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji