USD/CHF – 30M – BUYMoreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern 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).
Moreover a ‘Double top chart pattern’ chart layout is detected. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88636 |
| 2nd High | 0.88423 |
| Next High | 0.88398 |
| Current Price | 0.88177 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.88398 – 0.88423 – 0.88091 – 0.88081 – 0.87554 – 0.87662
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji