CHFJPY Potential Short Drop

CHFJPY

If we follow Rectangle channel we should have a drop to further the wave..

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Price inching close to SL this could be a fakey or a confirmed breakout. Modify SL to 110. 50 and Hold for pullback before we close.
Updates...

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Runnin close to SL, if you can't fight it any more then let it hit SL. We ve about 10 positions opened even from this peak. We are holding 4pullback.

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$CHFJPY
Looking fragile could be a fall victim.
Max drop Retested broken TL, traders may keep buying the swing but Short is always possible.