Euro / Dólar Americano
Viés de alta

Break Above Daily Supply, Now Demand Totally in Control

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As I mentioned before, when price taps into zones, 2 possible scenarios formed: 1)Reversal 2)Break of Zone
Deeper Mitigation of EURUSD Daily Supply, Bears in Control


2nd scenario happened on EURUSD 4H chart. Bulls were strong enough so they could break above the daily supply zone with body close.
snapshot

Price now taps into daily supply and supply takes control. Demand Zones are marked up on 4H timeframe.

Wait for zone tap and then look for CHoCH in direction of trend. Double confirmations on lower demand zones will be high probability trades.

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