Going to watch a rebound to the top of the channel (which could coincide with crude bounce - starting to feel a bit stretched on crude now) and that TOC also nice confluence with previous swing high of 1.7700-1.7750 zone. If it rips quickly to 1.8000, that would be an ideal short area. Will keep an eye open.
We have arrived.
Long futures 1.531, stop under that swing, 1.50
That's the continuous contract view... here's Oct (V) daily chart:
Long 1.385, stop 1.30; risk = $2,100, target 1.45, gain = $4,200.
A closer look: