USD/CHF, Long

As we look at this pair we can see that price has formed a 'bullish pennant' across all timeframes, but I will not be entering anytime soon as there is no real conformation of this move just yet, I will initially be waiting for a serious break and retest of that current resistance zone and then we enter after the retest (with confirmation) so we can minimise the risk and maximise the gain with this trade.

Trade safe