PetarJacimovic

Intraday accumulation phase in progress

Long
FX:EURUSD   Euro / U.S. Dollar
I found volume spike (selling climax) in an ultra high volume. The very next bar was up bar (reversal up-thrust) and it represents that demand overcame supply. Professionals are interested in buying EUR/USD. Later on, I found successful testing of supply in a low volume, which makes very good buying signal. Watch for buying opportunities on the dips. First take profit level is set at the price of 1.1400. Second take profit level is set at the price of 1.1460.

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