On a daily time frame we just had the completion of a bearish Cypher which also happen to be close to an area of previous strong resistance. This level could also possibly mark the end of a very large triangle 4th wave (not shown on the chart). I am now looking for a reversal pattern ( double top, shooting star, bearish engulfing) to go short again the 0.7835 level with a long term target all the way back in the 0.70 level
