I initially has a target of .7737, however it's losing momentum. If it falls below the violet TL then it's a validation of a RISING WEDGE. Get out of long position and short to .69
Comment:
You have NO choice at this point, either stay on the sideline or short it. Going/staying long on this is just asinine.
Trade active:
Perfect!... Scaled out some profits. Trade (short) still open.
