The 4hr timeframe of the USDCHF is shown in this analysis from ~February 26, 2018 till present date.
The June 14 till August 21, 2018 saw the USD CHF form a complex head and shoulders top pattern (ideally bearish).
Point of invalidation is when price action closes above the head (H) of the pattern which is ~1.00691. Projection of the termination point of the bearish move anticipated is ~0.96636. This is achieved by taking the width of the pattern as the vertical distance between the head (H) and the neckline and projecting below the neckline.
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