chfjpy still in the channel

FX:CHFJPY   Swiss Franc / Japanese Yen
101 3 7
Looking to short here, enough people are jumping on the wagon now so we'll eat some stops and pull down again, jpy could prove tricky if they continue to intervene but we'll see how it goes, adjust sl and entry according to bullish/bearish momentum
Trade active
Comment: bearish pressure still in looking to extend target
potential to extend target provided we break and close below 111.85 support, extenstion (full 106.45) move stop as needed
watch out for support at 116.12
1st entry gold line at 116.874
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