EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards

A bullish movement up to the next resistance at 0.90707 is considered certain.

Caution: A possible counter-trend in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.90707 – 0.90717 – 0.90768 – 0.90494 – 0.90492 – 0.90558 —
0.90648 – 0.90659 —
53.944205344503 – 54.691310321343 —
– —
0.90707 – 1772748000

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