EUR/CHF – 30M – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

A bullish trend upwards to the next resistance level at 0.93108 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.92822 should always be considered.
Consider stop-loss settings accordingly.

Moreover 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 signal. The pair is likely to go up.

Moreover a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.92961 – 0.92954 – 0.92693 – 0.92822 – 0.92859 – 0.92544 —
0.92879 – 0.92965 —
43.074993348032 – 52.051322957084 —
– —
0.92961 – 1763600400

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