EUR/CHF – 4H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance level at 0.93486 is likely expected.

Caution: A possible change in the direction of the support level at 0.93262 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish 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).

0.93486 – 0.93501 – 0.93259 – 0.93262 – 0.93118 – 0.92753 —
0.93647 – 0.93896 —
62.278875286387 – 73.768248969994 —
– —
0.93486 – 1764691200

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