Buy USD/CHF – 30M – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.80393 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.80393 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern 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).

Support & Resistance Price Range*
3rd High 0.80621
2nd High 0.80528
Next High 0.80393
Current Price 0.80326
Next Low 0.80196
2nd Low 0.79951
3rd Low 0.79914

0.80393 – 0.80145 – 0.80118 – 0.80196 – 0.79951 – 0.79914 —
0.80348 – 0.80284 —
56.275286837565 – 47.327645467749 —
– —
0.80393 – 1764887400

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