EUR/CHF – 4H – BUY

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

A bullish ascent up to the next resistance at 0.93501 will continue.

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

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

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

0.93501 – 0.93259 – 0.92703 – 0.92753 – 0.91789 – 0.9258 —
0.93461 – 0.93250 —
73.060977263912 – 54.630114148103 —
– —
0.93501 – 1764072000

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double bottom chart pattern – – – – – – – –