EUR/CHF – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.93072 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.92574 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. 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).

0.93072 – 0.92912 – 0.92972 – 0.92574 – 0.92536 – 0.92705 —
0.92967 – 0.92814 —
56.36517302216 – 44.4290762759 —
– —
0.93072 – 1769029200

Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Head and Shoulder chart pattern – – – – – – – –