EUR/CHF – 4H – BUY

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

A bullish trend upwards to the next resistance line at 0.93501 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.92753 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.93501 – 0.93259 – 0.92703 – 0.92753 – 0.91789 – 0.9258 —
0.93455 – 0.93249 —
74.709414541477 – 53.77276054344 —
– —
0.93501 – 1764072000

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