Looks like a weekly engulfing candle. I am waiting for a a little pullback but I think a good 60-100 pip trade to the upside. I will be keeping an on the daily for a good entry. It broke though the downward wedge on the daily.
This is not investment advice. Everyone should develop their own strategy and keep to it! Good luck!
Looks like upward wedge indicating that it will become short soon. Personally looking for 30 pip drop, but could easily drop more. Just following my strategy, which I encourage all traders to follow there own strategy.
The market is going to go up or it will go down. Never enter a trade unless you are confident which way it is going.
Still has at least one more push. It is doing a small retracement right now. I think it will go down to around .7420-.7380 then bounce up to .7500. Look at price action on daily, weekly, and monthly and this thing is going higher. It has broken several layers of resistance. Good luck!
Note: This is not investment advice. This is for information purposes only.