Buy EUR/CHF – 30M – BUY

The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.93865 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.93691 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish 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).

Support & Resistance Price Range*
3rd High 0.94045
2nd High 0.93956
Next High 0.93865
Current Price 0.93874
Next Low 0.93691
2nd Low 0.93583
3rd Low 0.93535

0.93829 – 0.93803 – 0.93717 – 0.93691 – 0.93692 – 0.93583 — 53.185636047764 – 54.07087144902 — 56.335450814315 – 66.799989543304 – 48.056621072742 – 58.277003907619

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