EUR/CHF – 1H – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline up.

A bullish movement up to the next resistance at 0.93943 is considered certain.

Caution: A possible counter-trend in the direction of support at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘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).

0.93943 – 0.94129 – 0.94463 – 0.93599 – 0.94043 – 0.93993 — 55.550830863495 – 56.843142113886 — 46.929859855113 – 57.921626175336 – 57.972920157575 – 50.559756557529

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