SHORT on EUR/CHF

We have a beautiful Head and Shoulders pattern on the Monthly Timeframe, Price has also broken the neckline of our Head and Shoulders.

I expect price to fall most of the year for this pair as it has taken a very long time to form this Pattern on the Monthly Timeframe.

I am waiting for a pullback to the new resistance area, then I will wait for the bears to come in then I will short this pair.

I am looking to catch anywhere from 200-600 pips easily.