EUR/CHF – 4H – BUY

Also there is a ‘Falling Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a positive chart scenario. The pair is likely to go up.

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

A continuation of the uptrend upwards to the next resistance line at 0.94288 is likely expected.

Caution: A possible change in the direction of the support line at 0.93072 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.94288 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.94288 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency 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).

0.94288 – 0.93990 – 0.93813 – 0.93072 – 0.93603 – 0.93201

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