USDCHF short (Supply Demand) Simplicity

2019-11-19 20:41:14

The last USDCHF was successful. Trade made some good pips. Now let see what the next Targets are.

Price is ranging now a little bit. But price is near a Supply Zone. I expect the price to go up to the Supply Zone. This move will grab more liquidity. This moves attracts more buyers. Afterwards it will drop. I expect the price to break the Trend Line and to drop till the next big Demand Zone. So this is the final TP.

Fib. Retracement:
Also there is the 0.5 Fib Retracement at the Supply Zone.

Target: 0.97500

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