EUR/CHF – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 0.93501 is likely expected.

Caution: A possible change in the direction of support at 0.92753 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish 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).

0.93501 – 0.93248 – 0.93048 – 0.92753 – 0.92822 – 0.92068 —
0.93472 – 0.93413 —
70.321291302987 – 59.594866525784 —
– —
0.93501 – 1764079200

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