The 5%ers' Blog

Continuation Demand For Buy Position On USDCHF

March 7, 2019 | 12:50 pm | The 5%ers' Blog
March 7, 2019 | 12:50 pm
The 5%ers' Blog
continuation demand usdchf 7-3
07/03/2019
The USDCHFprice created a new fresh demand 2 days ago,
It looks like a great continuation demand for buy position,
For now, the price compressing down And as long as the price keeps compress toward the demand, it’s better for us,
It indicates the price move down without a real seller’s power, therefore, if the Price keeps that way, I’ll buy at the demand below.
I’ll consider this position as a swing trade.

 

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