EUR/CHF – 1H – BUY

The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 0.93492 will persist.

Caution: A possible change in the direction of the support zone at 0.92957 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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).

0.93492 – 0.93181 – 0.93257 – 0.92957 – 0.92971 – 0.93097 —
0.93354 – 0.93158 —
53.229178386645 – 40.116406762269 —
– —
0.93492 – 1768388400

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