Trade plan 31 August 2016
-Daily chart
Price Action
Price is currently on monthly cluster pivot point forming a symmetric triangle
Stochastic is currently moving to the overbought zone
Market
The 55 and 21 Moving average indicate a sideways market

-H4 chart
Price Action
Price is currently at the Weekly cluster pivot point, Price also formed a head and shoulder patten ,Price formed a symmetric triangle with a bouncing off the 61.8 fib zone
Stochastic bounced of the 50% line heading to overbought zone
Market
The 55 and 21 moving averages cross has just occurred with a great angle of separation indicating a possible start to a bullish trend
-H1 chart
Price Action
Price bounced off the 38.2% fib zone broke through support daily pivot point DPP and is currently at DM2 ,Price is currently moving in a bullish upwards trend
Market
The 55 and 21 Moving average indicate a possible end to the bullish market
Planed Entry
Looking for a role bullish reversal on the either H1/M15/M5 or wait for a symmetric triangle on the H4 with a role reversal in the direction of the break through

USDCHF Daily

USDCHF H4

USDCHF H1

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