EUR/CHF – 1H – BUY

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

An ascending movement up to the next resistance at 0.9354 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 0.93138 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

0.9354 – 0.93414 – 0.93954 – 0.93138 – 0.93184 – 0.93535 — 54.612408130332 – 57.109793242518 — 39.611542167453 – 58.862011258177 – 23.117834398615 – 38.701252599016

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