EUR/CHF – 30M – BUYThe currency pair Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.93198 will continue.
Caution: A possible change in the direction of the support zone at 0.92957 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93386 |
| 2nd High | 0.93247 |
| Next High | 0.93198 |
| Current Price | 0.93252 |
| Next Low | 0.92957 |
| 2nd Low | 0.92926 |
| 3rd Low | 0.9275 |
0.93198 – 0.93178 – 0.93079 – 0.92957 – 0.92979 – 0.92992 —
66.802447058792 – 67.065932675583 —
93.872927607867 – 98.524010572203 – 87.502717422396 – 93.343173262852
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – –