[Market Breakdown 1] USDCHF Daily
On the Daily chart we were making clear LLs and LHs.
We broke the last LH and are making HHs and HLs now.
The blue box structure is still holding so be aware of that.
If the market is able to break that blue box, USDCHF will fly.
Price is forming an Inverse Head & Shoulders pattern, rejecting the 61.80 Fib.
Again Fib completions also to indicate us there could be a switch of momentum.
We broke the last LH and are making HHs and HLs now.
The blue box structure is still holding so be aware of that.
If the market is able to break that blue box, USDCHF will fly.
Price is forming an Inverse Head & Shoulders pattern, rejecting the 61.80 Fib.
Again Fib completions also to indicate us there could be a switch of momentum.
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