Buy EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) moves from the ascending trendline up.

A continuation of the uptrend up to the next resistance at 0.9306 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.92766 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.93165
2nd High 0.93157
Next High 0.9306
Current Price 0.92955
Next Low 0.92766
2nd Low 0.92697
3rd Low 0.92577

0.9306 – 0.93157 – 0.93165 – 0.92766 – 0.92697 – 0.92974 —
0.92874 – 0.92887 —
54.209335593161 – 50.766760145859 —
– —
0.93060 – 1767614400

Trading Signals:

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