EUR/CHF – 30M – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.9297838 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.92966 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive 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).

0.92966 – 0.93048 – 0.92961 – 0.92753 – 0.92829 – 0.92822 —
0.92915 – 0.92982 —
52.523198655632 – 54.688647930997 —
– —
0.92966 – 1763722800

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