USD/CHF false break.

We've just seen a false-break to the up-side in the Dollar Swiss pair.  This converges with previous major resistance and is probably worth a top-picking attempt with tight pre-determined stop above the high of the preceding hammer candle on the 4hr chart as shown below. Generally I would be wary of fighting the clear up-trend in this pair as the global "risk-off" theme continues, however, the risk reward could still be here if resistance holds-up and profit taking ensues.    

I will be looking to add more if we see a break below the triangle set-up as illustrated on the 1hr chart:

EUR/USD bottom picking.

We've got a text book false break set-up in the Euro dollar pair on the 4hr chart as illustrated below.  This set-up gives us the opportunity to go long with a tight pre-determined stop below the low of the preceding 4hr hammer candle.