Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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QUICK UPDATE ON CHFJPY
As we can see price is still bearish trading inside this falling broadening wadge
However, price is now from a medium-term perspective overall bullish in a correction movement.
As the price will be approaching the upper falling lining up with the upper bound of the channel, we will be looking for a short term sell setups on lower time frame
Unless price managed to trade higher till the next resistance zone where we will be looking for new bearish reversal setups
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and as usual follow your trading plan and manage your risk.
Be patient and good luck!