Buy EUR/CHF – 4H – BUY

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

A bullish movement up to the next resistance line at 0.93259 will persist.

Caution: A possible change in the direction of support at 0.92753 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 0.93725
2nd High 0.93311
Next High 0.93259
Current Price 0.93153
Next Low 0.92753
2nd Low 0.91789
3rd Low

0.93259 – 0.92703 – 0.93103 – 0.92753 – 0.91789 – 0.9258 —
0.93093 – 0.93137 —
65.269777165561 – 63.954481286831 —
– —
0.93259 – 1762516800

Trading Signals:

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