Reason for the trading strategy (technically):
Price has continued to drop perfectly towards our profit target. We remain looking to sell below 0.7829 resistance ( , horizontal overlap resistance) for a further push down to at least 0.7738 support ( , horizontal swing low support). It is important to note that we expect a strong acceleration to the downside once we break our on price and .
(34) sees a nice signalling that we’re still in a configuration.