EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance at 0.92171 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.91451 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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).

0.92171 – 0.91736 – 0.92112 – 0.91809 – 0.91451 – 0.91434 —
0.91845 – 0.91662 —
43.135016328288 – 24.14504083168 —
– —
0.92171 – 1770051600

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