Buy EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) moves from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 0.93598 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.93489 could occur.
Consider stop-loss settings accordingly.

Then a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. chart signal.

Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. chart signal.

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

Support & Resistance Price Range*
3rd High 0.93725
2nd High 0.9363
Next High 0.93598
Current Price 0.93592
Next Low 0.93489
2nd Low 0.9334
3rd Low 0.93262

0.93598 – 0.93466 – 0.93399 – 0.93489 – 0.9334 – 0.93262 —
0.93578 – 0.93598 —
63.546415510752 – 62.719477890922 —
– —
0.93598 – 1764885600

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