CHFJPY Been moving in Bearish Channel since 12 March 2019. Several touches have been made in its upper trendline which is acting as resistance.
Currently price has broken to the downside after several weeks of consolidation (See consolidation Phase in 4HR timeframe).
Then, My honest patience is telling me to wait for a retest of broken minor trendline in daily timeframe, before looking to majestically riding this CHFJPY down to 106.274. This point will be my Take profit area with 318.6 Pips well locked in.