EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 0.94314 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.93993 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.94314 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.94314 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.94314 – 0.94283 – 0.93492 – 0.93993 – 0.94037 – 0.93393 — 50.063585912772 – 57.750324897982 — 33.280292039126 – 45.449213184191 – 39.082593615284 – 35.441152838592

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