EUR/CHF – 1H – BUYAlso there is a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could 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 0.93182 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.93182 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. 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 | 0.93278 |
| 2nd High | 0.93238 |
| Next High | 0.93182 |
| Current Price | 0.93122 |
| Next Low | 0.92766 |
| 2nd Low | 0.92697 |
| 3rd Low | 0.92577 |
0.93182 – 0.93022 – 0.9306 – 0.92766 – 0.92697 – 0.92974 —
0.93136 – 0.93154 —
55.753067602274 – 46.251893697042 —
– —
0.93182 – 1767819600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –