EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

An ascending movement upwards to the next resistance level at 0.92961 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.92068 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.92961 – 0.92306 – 0.92301 – 0.92068 – 0.9211 – 0.91789 —
0.92920 – 0.92962 —
63.357235839368 – 63.164251385604 —
– —
0.92961 – 1763600400

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