CHFJPY has recently breached its trend channel, but it continues to exhibit a bullish bias. This alone is not a sufficient signal to initiate selling positions. I would prefer to observe a breakdown below the present support level, accompanied by the formation of lower lows and lower highs. This would provide a compelling opportunity to consider selling positions, aligning with the target levels illustrated on the chart.
Please, don't follow my signal blindly, trade based on your own risk.