EUR/CHF – 30M – BUY

Then a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture forms ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.93880 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.93629 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 0.93967 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.93880 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93880 – 0.93762 – 0.93925 – 0.93629 – 0.93603 – 0.93608

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