EUR/CHF – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.93108 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.92753 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.93048 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.93108 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).

0.92966 – 0.93048 – 0.92961 – 0.92753 – 0.92829 – 0.92822 —
0.93050 – 0.93032 —
62.071067510859 – 57.693415639626 —
– —
0.92966 – 1763722800

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double bottom retreat down – – – – – – – –