Swing Trade Opportunity in USD/CHF
By the rule of Supply and Demand, Down trend was strongly started in Daily TImeFrame. Monthly Piercing Pattern at the Supply area and break of the trendline last month indicates that the price will fall all the way to Monthly Demand area of 0.91-0.94.
# Weekly feshly formed CP supply took out the previous weekly demand Level
# Daily original and fresh newly formed Supply Level Took out the daily demand (0.98-0.99).This validate sthe sell limit order at 0.99800.
#profit Target: Close to the monthly demand area 0.95500 a sprice always drives from Supply level to the roigin of demand level.
# Weekly feshly formed CP supply took out the previous weekly demand Level
# Daily original and fresh newly formed Supply Level Took out the daily demand (0.98-0.99).This validate sthe sell limit order at 0.99800.
#profit Target: Close to the monthly demand area 0.95500 a sprice always drives from Supply level to the roigin of demand level.
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