CHFJPY possible move

Hi! Just my idea. CHFJPY crashed right after CHF interest rate decision which was meant to push the pair higher further but that is how the market works as there were many bulls and market took all of them out. JPY is still under pressure so a pull back is very much possible. Please use small lots and wait for the pull back.

Pattern: M
Pull back to neck is a possibility as shown in the chart.

If you want to buy the pair then use SL 50 pips below yesterday's low.