An H&S pattern has been formed in this chart and the neckline is already broken. On the other hand, there is a box that price was swing inside it and now the price is reached on the top of this box. Due to its previous retrace, I believe the top will be broken and the H&S target will reach.
I want to be patient with this pair as in my view a big swing is eminent, the reaction in the areas of TP1 and TP2(as on chart) circa. will clear up crucial issues between Bear/Bull camp. Entry 143.87, SL @ 144.45
We reached to our 3 targets in last USDCHF analyse,now i want to show you bigger picture in this chart.
As you see i have an ultimate target around fib 38% but for reaching there we have to walk in order two one of these two chart: