Bullish sentiment weakening. short the break of bullish trend line. TP is safe and modest right next to recent lows. Risk/Reward reasonable
Multiple approaches: 1) Short the break. 2) OR wait for consolidation of the new resistance after the break (safe) 3) short when 0.77071 (before or after breakout - high risk)
Take Profit: 0.75605
Stop Loss: 0.77339
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Risk reward: 1.9
Comment
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Watch out for the larger trend line. If it gets rejected of that trend line it would be wise to collect profits.