EUR/CHF – 1H – BUY

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

An ascending movement upwards to the next resistance at 0.92165 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 0.91874 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Moreover a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. 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).

0.92165 – 0.92147 – 0.91918 – 0.91874 – 0.91698 – 0.917 —
0.92145 – 0.92091 —
62.631348483763 – 52.047466063379 —
– —
0.92165 – 1777284000

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