Buy EUR/CHF – 4H – BUY

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

A continuation of the bullish trend up to the next resistance at 0.93486 will persist.

Caution: A possible change in the direction of the support level at 0.93118 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93725
2nd High 0.93501
Next High 0.93486
Current Price 0.93577
Next Low 0.93118
2nd Low 0.92753
3rd Low 0.91789

0.93486 – 0.93501 – 0.93259 – 0.93118 – 0.92753 – 0.91789 —
0.93405 – 0.93558 —
53.192176351246 – 66.054989987001 —
– —
0.93486 – 1764691200

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