EUR/CHF – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 0.93865 is certain.

Caution: A possible trend reversal in the direction of support at 0.93691 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93829 – 0.93803 – 0.93717 – 0.93691 – 0.93692 – 0.93583 — 45.746273887078 – 49.579109579254 — 2.2987182439174 – 11.915726456367 – 4.9276919163406 – 4.738148233428

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