EUR/CHF – 30M – BUY

And also a ‘Double bottom chart pattern’ chart formation is detected. The chart shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.94035 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.94035 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.94035 – 0.93880 – 0.93762 – 0.93875 – 0.93629 – 0.93603

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