EURUSD running into supply with weakness on the background

24 thg 11, 2017

After a sign of weakness (selling into the large up candle) at the supply zone, price has reached the zone again on low volume.
Watching price action for a reversal or break on high volume above the supply zone.

24 thg 11, 2017

Ghi chú

demand overcame the supply and price broke through the former highs making a new high. This happened on high volume and momentum. Waiting for a test of demand at the former supply level for a possible good entry for a long position.

24 thg 11, 2017

Ghi chú

chart update

prntscr.com/heqf77

24 thg 11, 2017

Ghi chú

chart update

prntscr.com/her7v5

safe to say, we didn't see a test after the break/rally :-)