USD/CHF – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.79674 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.79674 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8001 |
| 2nd High | 0.79873 |
| Next High | 0.79674 |
| Current Price | 0.79574 |
| Next Low | 0.79058 |
| 2nd Low | 0.79044 |
| 3rd Low | 0.78815 |
0.79264 – 0.79674 – 0.79408 – 0.79058 – 0.79044 – 0.79109 —
0.79588 – 0.79592 —
75.406201839794 – 63.348869341433 —
– —
0.79264 – 1767666600
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – – – – – – – – –