EURUSD Sell Off About To End

FX:EURUSD   Euro / U.S. Dollar
1015 19 21
Price in EURUSD             has completed a bullish cypher pattern but has retraced more from that 0.786 D point. We can now see that price is consolidating and we keep an eye for a breakout to the upside. If the breakout occurs we should wait for a smaller correction and then buy the market. A bullish divergence with MACD adds to our thoughts of going long.

Like and comment if you agree.
What's the situation bro in your opinion?
Fxprotrader OLIGARCH
What do you mean?
OLIGARCH Fxprotrader
I think it will bounce back! I thought what do you see now, is it still okay to met the 0950..
Fxprotrader OLIGARCH
Nobody knows for sure.. Till now everything goes as planned. We had the breakout and price is moving up. We might see a correction and then head up once again..
Hi Eleven,
Nice analysis as always. Could You tell me where Your SL is?

Thank you! just below the last swing point before breakout ~ 1.8210
BeFX Fxprotrader
Thanks, appreciate it!
No problem :)
OLIGARCH Fxprotrader
Bro? What's the situation in your opinion?
I beg the God it happens now! Otherwise my account is dead! Stupid that I was an made mistake in calculations!! Sitting in huge minus now! What are you looking as a TP? Maybe you have TP 1 -TP 2 etc in mind?
PS - don't bother yourself with trolls bro!
I will put SL to 0800 because in longs I am I can't let it go down more 0800, and the most ironic thing is that I know it will go up, the sellof is about to end, I will close positions in SL and it will get up! OMG! How cool is that!
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