USD/CHF – 30M – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.793115 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.79684 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern 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).

0.79684 – 0.79309 – 0.79202 – 0.78867 – 0.78901 – 0.78894 —
0.79015 – 0.79067 —
46.047141632606 – 48.846590447146 —
– —
0.79684 – 1769031000

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