EUR/CHF – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.93108 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.92544 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.92693 – 0.92306 – 0.92299 – 0.92544 – 0.92068 – 0.92209 —
0.92944 – 0.92863 —
66.46006125899 – 56.512344910677 —
– —
0.92693 – 1763524800

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