RSI is an oscillator indicator while moving average is a trend indicator.Today being Friday August the 23rd of 2019, the USD/CHF market has been in a bullish trend most of the time.USD/CHF market has managed to rise above 0.9877. The question is will this bullish trend continues or will the USD/CHF market reverse and become a bearish trend. This is indicated from the candlesticks chart below;




From the candlesticks chart above, there is point A which is located along the RSI and point B located along the moving average. Although the USD/CHF market has been in a bullish trend most of the time and we don't know whether the USD/CHF market will continue to be in this bullish condition or it will reverse and become a bearish trend, we can use the concept of RSI and moving average to predict the direction of the USD/CHF market for the remaining time.

Concept of RSI
Using the concept of RSI, the market is normally considered to be overbought if the RSI rises above 70 and oversold if the RSI falls below 30. At point A, the RSI has risen above 70 thus an indication of an overbought GBP/USD market condition. Although the USD/CHF market has been bullish today and managed to rise above 0.9877, we can decide to follow the concept of RSI and open a sell position because at above 70, that is an indication of an overbought market condition thus the USD/CHF market will reverse and start downwards trend.

Concept Of Moving Average
​Using the concept of moving average ,the market is considered to experience a reversal trend if the price rises above the highest high of a moving average or falls below the lowest low of a moving average.At point B, the price has risen above the highest high of a moving average thus a downward reversal trend has started to take place. Although today the USD/CHF market has been in a bullish trend and managed to rise above 0.9877, We can decide to follow the concept of moving average because the price has risen above the highest high of a moving average and open a sell position.
Here is how our trading idea for USD/CHF  sell market looks like today;

SELL 0.9877     T/P 0.9817   S/L  0.9917

Make sure to apply risk management while opening your position because this is not investment advice but just a trading idea