EUR/CHF – 4H – BUY

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

The bullish trend upwards to the next resistance at 0.93725 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.93059 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93725 – 0.93558 – 0.93554 – 0.9321 – 0.9321 – 0.93138 —
51.1077658069 – 52.557197522963 —
95.143837424122 – 91.889900589426 – 88.525939552455 – 95.677912671183

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Head and Shoulder chart pattern – –