The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.93486 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.93262 could occur.
Consider stop-loss settings accordingly.
Additionally a ” indicator layout is detected. The indicator shows ”. this is usually a bullish chart signal. The pair is likely to go up.
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Additionally a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.
Additionally a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 | 0.93725 |
| 2nd High | 0.93501 |
| Next High | 0.93486 |
| Current Price | 0.93856 |
| Next Low | 0.93262 |
| 2nd Low | 0.93118 |
| 3rd Low | 0.92753 |
0.93486 – 0.93501 – 0.93259 – 0.93262 – 0.93118 – 0.92753 —
0.93597 – 0.93643 —
68.840798135016 – 63.362884716417 —
– —
0.93486 – 1764691200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –