the5erstrading

Continuation Demand For Buy Position On USDCHF 07/03/2019

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
The USDCHF price 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 sellers power, therefore, if the Price keep that way, I'll buy at the demand below. I'll consider this position as a swing trade.

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