EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance level at 0.93072 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Northern Doji’ candle pattern is found. The chart shows ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93072 – 0.92912 – 0.92972 – 0.92723 – 0.92574 – 0.92536 —
0.92786 – 0.92823 —
48.269337979764 – 46.971776484627 —
– —
0.93072 – 1769029200

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