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
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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
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Perfect!... Scaled out some profits. Trade (short) still open.
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stream
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its actually nothing but long ..
streetgainer
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Yea, ok. Good Luck "nothing but long". Cause you're gonna need it!
stream
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thanks . Will be a great long nu , but not now . The first days of september will be the real trade . Now the market is in consolidation , prices move only