Buy EUR/CHF – 4H – BUY

The pair Euro/Swiss Franc (EUR/CHF) goes from the descending trendline upwards

An ascending movement upwards to the next resistance at 0.93072 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.91789 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 0.9367
2nd High 0.93492
Next High 0.93072
Current Price 0.92304
Next Low 0.91789
2nd Low
3rd Low

0.93072 – 0.93492 – 0.93257 – 0.92536 – 0.92957 – 0.92697 —
0.92867 – 0.92294 —
40.151088195519 – 36.977108441348 —
– —
0.93072 – 1769025600

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