Shut Up & Trade, Volume 121009

So no more I'll do the talking, you do the walking. I really want to do a trade today, but un cafe s'il vous plait! I'm ready to Zzzzz...

I do see a potential bear flag formation on the 15 minute USD/CHF.

Current level is about 1.0263. I am short, stop above 1.028. Limit = 1.0228.

If more bearishness presents itself at 1.0228, I'm moving my limit to 1.019.

Risk:Reward = 3.49 if it goes to 1.019... 1.65 if it only gets to 1.0228.

The reason for my trade: H & S failed and this is a second bearish sign. Plus, I really want that Montblanc pen! If this trade ends up failing, I'll look for a third bearish pattern and try again.