To follow up on my latest post, we now have a validated head and shoulders bottom that has formed on the EURUSD. My projections from the previous post are still the same and the away to now attack this situation would be via the pullback trade.
Well executed trade. Now the price is near a Lower High on the 1D Channel Down and we are looking for a much lower target:
Akil_Stokes
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@InvestingScope,Very nice!, My longerterm projection is lower as well for the Euro
AhmedOsama2020
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that one was very good.well done bro! I missed it . I think the time for sell is now right ?
Akil_Stokes
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@AhmedOsama2020, Thanks, and only your trading plan can sell you when it's time to sell. But I'm back to looking for bearish opportunities.
AhmedOsama2020
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@Akil_Stokes, sold it already and my target will be 1.129 . it should reach the previous low or as I think. I will be glad to know your valuable opinion about it
@Akil_Stokes, thank you for your reply! I appreciate it . yes, it may go lower than that but I wanted to take a wave from its beginning. and see how it will react . the only thing to think about is the entry point. do you think it was good entry point under your buying tp ? and thank you very much bro!