EUR/CHF – 30M – BUY

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

The bullish trend up to the next resistance line at 0.92839 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.92716 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.92965428 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.92839 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.92839 – 0.93003 – 0.93072 – 0.92716 – 0.92727 – 0.92723 —
0.92753 – 0.92831 —
39.324502070166 – 58.430607708206 —
– —
0.92839 – 1769099400

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