Possible Long Entry for USD/CHF_Trade Plan 2017.06.11

99
snapshot

D1 and H4 are both shows the overall trend is still down with price holding below MA200.
Currently, price bouncing back to previous support area turns to resistance 0.97037-0.97200 and rejected down.
However, in H1, price breaks up its MA200 since the last 24 hours and still holding up slightly above it.
If price continue moving down a little bit more to support area 0.96683-0.96777 and rejected up, long the market.
With Stop Loss 25 pips and Target Profit 50 pips, the potential trade offers 2.00 Risk-To-Reward Ratio.

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