EUR/CHF – 30M – BUY

The currency pair Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 0.91945 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.91809 could occur.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Bullish Divergence’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.9201692 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.91945 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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).

0.91945 – 0.92171 – 0.91728 – 0.91809 – 0.91568 – 0.91509 —
0.91907 – 0.91845 —
47.371666577226 – 31.191676560164 —
– —
0.91945 – 1770098400

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