EUR/CHF – 30M – BUY

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

An ascending movement upwards to the next resistance line at 0.93566 is likely expected.

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

In addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93566 – 0.93730 – 0.93806 – 0.93349 – 0.93412 – 0.93504

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