Buy EUR/CHF – 4H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline upwards

A bullish ascent upwards to the next resistance at 0.95001 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.93006 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle pattern is discovered. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.96620
2nd High 0.96320
Next High 0.95001
Current Price 0.93014
Next Low 0.93006
2nd Low
3rd Low

0.95001 – 0.96320 – 0.95723 – 0.93006 – 0.95118 – 0.94894

Download EUR/CHF Signal Image

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