I've been long in this trade since last week, due to the pattern that formed and to my rules is still valid cause the x leg has not been violated. Anyways, The RSI level even though not overly sold gives me a small percentage that i might be correct, ATR levels also suggest that this might break anytime soon, in my direction i hope, due to the violet channel formed suggesting the upward trend of the pair, a break above the Pink PRZ suggest a move even higher that's why my target is set at the 618 fib extension with a trailing stop.
The pink PRZ has been respected many times in the past so this market would need a lot of leg to get through that, so some of you might want to take profits in that level. If the market goes beyond that ill be selling at 618.