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
Nov 24
Comment: chart update

safe to say, we didn't see a test after the break/rally :-)
"The tape reader is not the captain - he is but the engineer who controls the machinery. The tape is the pilot and the engineer must obey orders with promptness and precision."
- Richard D. Wyckoff


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