EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance level at 0.93281 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.93043 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93281 – 0.93281 – 0.93244 – 0.93043 – 0.93076 – 0.93059 —
0.93144 – 0.93148 —
49.888302691218 – 54.016634927117 —
– —
0.93281 – 1768532400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double top chart pattern – – – – – – – –