EUR/CHF – 30M – BUYThe combination Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 0.93161 is certain.
Caution: A possible counter-trend in the direction of support at 0.93061 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93238 |
| 2nd High | 0.93182 |
| Next High | 0.93161 |
| Current Price | 0.93167 |
| Next Low | 0.93061 |
| 2nd Low | 0.92932 |
| 3rd Low | 0.92912 |
0.93161 – 0.93182 – 0.93022 – 0.93061 – 0.92932 – 0.92912 —
0.93128 – 0.93152 —
50.877647195914 – 54.102348585242 —
– —
0.93161 – 1767843000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –