Trade plan 01 September 2016
-Daily chart
Price Action
Price moved from support(MM2) Pivot point and is currently at the monthly cluster pivot point (MMP)
Stochastic is currently partially overbought
Market
The 55 and 21 Moving average indicate a fading bullish trend with a possibility of a change in market direction

-H4 chart
Price Action
Price bounced of the 50% fib zone creating a double top while testing resistance
Stochastic is below the 50% moving in a bullish direction
Market
The market is currently moving in sideways direction
-H1 chart
Price Action
Price bounced off the 50% fib zone forming a double top while testing the resistance
Market
The market is currently moving in sideways direction
Planed Entry
Looking for a role bullish role reversal on H1/M15/M5

AUDCHF Daily

AUDCHF H4

AUDCHF H1

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