The 5%ers' Blog

Swing Supply & Demand For USD/CHF 28/11/2018

November 28, 2018 | 12:37 pm | The 5%ers' Blog
November 28, 2018 | 12:37 pm
The 5%ers' Blog

As a swing trader in the forex market, I always prefer to mark the key levels supply & demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I’ll wait for the price at this supply to sell, for now, the price struggling to move up, and as long as the price will keep struggling it Indicates the buyers have no power in this uptrend, and it’s safer to sell at the supply above, my first target will be the support below, and the final target is the demand at the bottom Which is also a great level for buy position.

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