The fall happened, now look for Long on EURUSD

2019-12-08 19:18:59

My last ideas predicted the fall as it happened on Friday. We saw a nice rejection so that the price was able to close above the trendline. I see that EU will get rejected at around 1.1067 to retest the trendline again.
When the retest happens and we see a bullish switch in EU we go long for our target of 1.113. A confirmation of such a switch from short to long usually happens on lower timeframes, Candlestick patterns, W formations, ...