EUR/CHF – 30M – BUY

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.9319 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 0.9319 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish 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).

0.9319 – 0.93186 – 0.93161 – 0.93059 – 0.93061 – 0.92932 —
0.93150 – 0.93139 —
52.832076822115 – 46.531388844681 —
– —
0.93190 – 1767895200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –