EUR/CHF – 30M – BUYIn addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive 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. Current target is 0.91851 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.91851 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92321 |
| 2nd High | 0.92053 |
| Next High | 0.91851 |
| Current Price | 0.91828 |
| Next Low | 0.91598 |
| 2nd Low | 0.91587 |
| 3rd Low | 0.91571 |
0.91851 – 0.91741 – 0.9181 – 0.91598 – 0.91587 – 0.9162 —
0.91845 – 0.91813 —
64.969403694021 – 55.544997591358 —
– —
0.91851 – 1776871800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –