If the price is to break the top (which corresponds to weekly psychological key level) around 2.08600. I will look for sell setups because buyers will take their profiles at this level.
Otherwise, in small UT, we are always bullish, no sell setup occurs. Probably a buy setup in M30. If you want to buy, wait for a buy signal, target as high as 2.05950...
We are approaching a weekly support which corresponds to the top of the previous structure (around 116,270) but the top has not yet been broken. But in my opinion, it would simply be a correction before a bearish recovery !
In 30/15 UT this structure seems to me to be a correct structure (up + consolidation) wait for breakout + confirmation (candel,...
CHFJPY - monitor the breakout of this low daily
if the daily low (110,750) is not broken for a bearish continuation, it is very likely that the price will go up.
Let's wait to see the structure next week. If this is the case, I await the breaking of the weekly resistance 111.450 + a purchase confirmation / setup around 112,000
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