USD/CHF – 30M – BUYThere is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.79017724 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.79674 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish 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 | 0.8001 |
| 2nd High | 0.79873 |
| Next High | 0.79674 |
| Current Price | 0.79133 |
| Next Low | 0.79109 |
| 2nd Low | 0.7908 |
| 3rd Low | 0.78815 |
0.79674 – 0.79408 – 0.79411 – 0.79109 – 0.7908 – 0.79169 —
0.79167 – 0.79264 —
34.117546832395 – 42.582549401941 —
– —
0.79674 – 1767627000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –