How to trade this plan

1. Support and resistance. Support(green area) and Resistance(Orange red area).
2. Develop a bias based on whether you are a Bull (enter at the green area) and Bears (enter at the red area) looking at the 21 and 55 MAs for market direction and 5 and 8 MAs for price action.
3. Look at stochastics on, Daily H4. Look at M15 and M5 for possible role reversal zones at support or resistance zones. Crosses indicate possible target. Arrow indicate possible direction of price

Price opened above Central pivot. Looking at US Dollar strength to trade this pair. the 21 MAs is aligned for bullish entry with stochastics oversold.
Resistance- MR1 0.992
Support- MS1 0.960
SL- 0.973
TP- 0.98

USDCHF Daily

Price above central pivot. 21 and 55 flat but stochastics up. Bulls want to push price to MR1. Bears will enter at MR1.

USDCHF H4

Bulls entered at WM3 to push price to WR3 (61.8 fib) entry for bulls.

USDCHF H1

Price opened above DPP making higher highs. possible bull target DR2. 5 8 cross.

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