CHFJPY moving in range creating short opportunity

Hello traders as we can see on daily chart that CHFJPY is moving in specific range i.e 118.00 - 110.00 creating nice up and down trends. Now price is about test strong support level which could create a down trend and price could drop to 50% or even 61.8% fib level. Once support level is tested and price is unable to pullback strongly from that level we can take a nice short opportunity.

Traders if you liked this idea please let me know in the comment section below and keep following for more ideas.
FibonacciSupport and ResistanceTrend Lines

Exención de responsabilidad