Is this the end of selling on EU?

FX:EURUSD   Euro / U.S. Dollar
An idea forecasting EU, on daily chart spot for double bottom .
If this is happen, I wanted to see price going to 1.26825 (.618 fibo) and retrace back to 1.24801 and forming head and shoulder. At this price, might be a chances to go long.
Pre-confirm, spot on double bottom .
First confirmation of price reversed is when exceed 1.28849.
2nd confirmation where price obove MA trend line .
I'll keep in mind, price reverse will take a lot of pressure from buyers.
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