Possible bullish head and shoulders in progress

Our previous resist level was broken which now acts as a support.
Our next resist level is at 1.08037.
I expect this level to be a strong resit level as we could see price was rejected on the 8th of Dec 2016.
Also, broke this same level that reject price on the 14th Nov 2016
and it resist it on the 15th Nov 2016 .
We patiently waiting to go short. For now, it remains bullish