USD/CHF SHORT - LONG TERM

Here on the USDCHF currency pair I have identified a very ideal short opportunity for the USDCHF pair, for the short term and even possibly the long term. I have first identified an AGGRESSIVE BULLISH rally on the 4hr chart in which I view as a long term bearish pullback so here I waited for the pull back to occur before placing my SELL. In my analysis you see the pull back and the entry taken at the new swing high on the 1hr time frame. I expect another series of bearish pushes deep into the 0.9700 level