EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the bearish trendline up.

An ascent upwards to the next resistance line at 0.93455 is expected.

Caution: A possible trend reversal in the direction of support at 0.93059 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93455 – 0.93806 – 0.94014 – 0.93059 – 0.93349 – 0.93412

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