USD/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.79674 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.79674 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8001 |
| 2nd High | 0.79873 |
| Next High | 0.79674 |
| Current Price | 0.79554 |
| Next Low | 0.79058 |
| 2nd Low | 0.79044 |
| 3rd Low | 0.78815 |
0.79264 – 0.79674 – 0.79408 – 0.79058 – 0.79044 – 0.79109 —
0.79568 – 0.79520 —
68.514051143724 – 57.621021666222 —
– —
0.79264 – 1767666600
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –