Im late in this trade but I'll open a short If we confirm a breakout below 1.19238
I will set my Stop-Loss to 1.19368, I will take 50% of my Profit at 1.18917 afterwards I'll set a new Stop-Loss to 1.19025 and final Take-Profit to 1.77777.
(Setup some Alerts for double bottom)
Good luck traders.
Eurusd sell from that level and tp is 1.1700 and tp2 is 1.1500 and stop loss is 1.1960
Weight of evidence trade :
1 : Trendline resistnace
2: Fibonacci level
3: Daily head and shoulder patter
4 : Previous strong support and resistance level
Good luck and trade with care
As every body can see eurusd will complete 2 Bearish pattern and complete them is very close, I mention to the Elliot wave counting that we are close to end of C wave of correction and all of these reason say wait for short positions and long positions are very very risky.