consolidating for a rise?

there are a couple of H&S patterns in this chart the latest of which is drawn on the right. this could possibly work out and take the price to about 1.3139. this would be the first step towards the upside. how much higher will it go?

if you want to trade on the pattern you'll need to wait for a confirmation. but if you find conditions for a long NOW, you'll find yourself in a long but like always it's good to not force anything.