EUR/CHF – 30M – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance line at 0.93943 is certain.

Caution: A possible change in the direction of support at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.94047806 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.93943 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.93943 – 0.94109 – 0.94129 – 0.93793 – 0.93599 – 0.93941 — 56.958102513666 – 58.876868632686 — 50.039491941509 – 82.625680435479 – 29.792834993896 – 51.446058345308

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