EURUSD possible reversal & Buy setup

FX:EURUSD   Euro / U.S. Dollar
EURUSD broke out the pennant pattern last week, price action fell quite sharply, but I am wary of the medium term momentum is getting weak. I am expecting for a possible reversal. Personally for me this could be an opportunity to build a trade of the year.
Watch this market carefully and look for long plays if you have your trading strategy.

Good Luck Traders!

As mentioned 1.1310 mark for longs-so far my position is up 200 pips.
Trade closed: target reached: 280 pips banked, 28x trade.
Daily Analysis and Trades:
January 2019 trading results:
Do you see the today's low (1.1330) as a possible rebound point for the bull reversal? Or do you expect it to keep falling?
@r5e5g1, I see a scope for rebound after price tests 1.1310, will see if it shows signs of compression.
r5e5g1 UmarAbdurRehman
@UmarAbdurRehman, We are right at 1.1310 mark, the way it looks I don’t think it’ll hold. Do you think the set up is still valid?
@r5e5g1, market showing signs of compression, lets see!
below 50 day moving average. not wise to fight the trend.
@waverider1, That's just a tool, but price is leader so let the market decide my friend :)
Hello, yes that Idea would confirm my Idea from May 29th. That means we would see now a upward move to complete the right shoulder of the Bigger weekly H & S: here:

But, on friday we broke under the neckline, so I do more expect a retest of the neckline and than a fast fall down to around 1,0800.

We will see,

all the best, Sascha
@Lilalisa, Hey, your study looks great. lets see over the coming days. Best of luck.
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