USDCHF MARKET ANALYSIS

 Good evening chartists, it's the 2nd week of the 4th quarter. Last week the quarter started with multiple opportunities in the markets with back to back targets being hit. Into the markets this week I am looking at USDCHF where price broke a major H4 supply zone at 0.85680 & 0.85330 which was the origin of the previous major drops to the major H4 & daily demand zone at 0.84000 & 0.83628. Price formed a higher high at 0.86000 with candle closes above the zone. Price retraced to retest the broken supply as new demand before a continuation of the rally higher. Took buy positions during London session at 0.85680 with SL at 0.85430. Setup taken is a rally base rally, a continuation setup and my target is at 0.86940. Price dropped deeper into the zone hence hitting my SL and taking out my positions. Price dropped inside the zone but failed to break below. Took buy re-entry positions during NY session at 0.85388 with SL at 0.85130.