Supply and Demand: USD/CHF Short

١١ يناير ٢٠٢١-Price entering higher time frame supply zone.
-Still needs confirmation since price still has strong bullish momentum.
-Looking for sign of weakness.

١٢ يناير ٢٠٢١

تعليق

-Price might leave the supply area earlier and not push through to the last supply zone plotted. If it does leave and break the nearest plotted demand zone, enter at the pull back on the nearest supply that will be created.

١٢ يناير ٢٠٢١

تعليق

-Limit order placed on the extreme of the daily supply area.
-3 possible scenario.
1. Price will react on the supply zone where the price is now.
2. Price will push through the current supply zone then react on the extreme of the daily.
3. Worst case scenario Price will push through the extreme daily supply.