EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.93486 is considered certain.

Caution: A possible change in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘RSI Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.93407248 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.93486 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The 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).

0.93486 – 0.93442 – 0.93448 – 0.93265 – 0.93165 – 0.93118 —
0.93340 – 0.93404 —
46.870599385449 – 43.78064279239 —
– —
0.93486 – 1764691200

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