EUR/CHF – 1H – BUY

There is also a ‘Double bottom chart pattern’ chart formation is detected. The chart forms ‘Double bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.

The combination Euro/Swiss Franc (EUR/CHF) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 0.94207 is expected.

Caution: A possible counter-trend in the direction of the support zone at 0.93629 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The 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).

0.93880 – 0.93967 – 0.93990 – 0.93629 – 0.93603 – 0.93608

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