ingmar.nieuwold

EURUSD running into supply with weakness on the background

FX:EURUSD   Euro / U.S. Dollar
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 .
Nov 24
Comment: 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.
Nov 24
Comment: chart update

http://prntscr.com/heqf77
Nov 24
Comment: chart update

http://prntscr.com/her7v5

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