 Welcome traders to another tick milled intraday wave analysis session with me Patrick Mungley. We want to draw your attention to the developing opportunity and the sterling swiss on the hourly time frame. We've got a nice little impulse cycle that looks like it's completed here into a potential interim wave 5 high on 2759. I'm now looking for a three wave corrective pattern ideally to test into this 12690 which with bullish reversal patterns there to set long positions to play for an equality objective up into this 12860 and potential wave C high. The PRZ for this trade is the 12649. Through there I would suggest a false break to the upside and more downside ahead. As always traders, plan the trade, trade the plan. Most importantly, manage your risk until next time. Thanks very much.