Buy USD/CHF – 1H – BUY

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.80274 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 0.80274 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.80853
2nd High 0.80821
Next High 0.80274
Current Price 0.80240
Next Low 0.79832
2nd Low 0.79556
3rd Low 0.79438

0.80274 – 0.80175 – 0.79592 – 0.79832 – 0.79556 – 0.79859 —
0.80110 – 0.80120 —
58.662228397706 – 56.59558869316 —
– —
0.80274 – 1768384800

Trading Signals:

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