USD/CHF – 1H – BUY

Moreover a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.80274 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 0.80274 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. 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).

0.80274 – 0.80175 – 0.79592 – 0.79832 – 0.79556 – 0.79859 —
0.79984 – 0.80135 —
46.941342660757 – 58.058895559707 —
– —
0.80274 – 1768384800

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