EUR/CHF – 30M – BUY

The pair Euro/Swiss Franc (EUR/CHF) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance at 0.92793 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.92536 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.92851 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.92793 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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).

0.92793 – 0.92912 – 0.92972 – 0.92536 – 0.92556 – 0.92814 —
0.92760 – 0.92649 —
60.853243022096 – 44.943326671813 —
– —
0.92793 – 1768928400

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double top retreat up – – – – – – – –