EUR/CHF – 4H – BUY

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

The bullish trend upwards to the next resistance line at 0.94277 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.93059 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

And also a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. 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).

0.94277 – 0.94224 – 0.94288 – 0.93059 – 0.93325 – 0.93072 — 73.422133099629 – 73.622440412571 — 93.887112896928 – 98.833076252431 – 80.508029112214 – 90.692834383246

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