EUR/CHF – 4H – BUY

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

A continuation of the uptrend up to the next resistance at 0.93486 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.93118 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. 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).

0.93486 – 0.93501 – 0.93259 – 0.93118 – 0.92753 – 0.91789 —
0.93332 – 0.93597 —
51.658424016604 – 68.840798652717 —
– —
0.93486 – 1764691200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double top retreat up – – – – – – – –