EUR/CHF – 4H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance level at 0.93165 will continue.

Caution: A possible change in the direction of support at 0.92697 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency 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).

0.93165 – 0.93076 – 0.9367 – 0.92697 – 0.92755 – 0.92577 —
0.93121 – 0.93190 —
57.590872395722 – 61.342810523355 —
– —
0.93165 – 1767182400

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