On CHF/JPY we have a Downtrend line, with the possibility of a false breakout, because of the moving average of 200 periods above, this it'would be our entry, our stop is in 61% of the Fibonacci retracement of the bearish wave and the target is an accumulation in a important previous fund.
SHORT
ENTRY: 111.396
TARGET: 110.694
STOP: 112.128