We will look to short this pair after a clear break and close from the rising wedge, a clear bearish price action indicating that sellers are back to push price down will send this pair down. Keep eyes on the breakout.
We can see a bullish continuation pattern formed on this pair. A good entry will be after a break and test of this pattern. We could also look to buy this pair after completion of the corrective pattern from E.
"USD/CHF" we are a key demand level on this pair. Whether this level holds or not, will depend if buyers make a new high.
Also, we see it moving a falling wedge on the daily time frame. A break and test will mean buyers are ready to step in to move price up. We will enter with bullish evidence, which will expose this pair to 0.98300 Area. RRR 1:4.