EUR/CHF – 4H – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 0.93990 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.93201 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93990 – 0.93813 – 0.93906 – 0.93201 – 0.92926 – 0.93133

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