This is a somewhat problematic analysis and I would like to remind you first to get the deal only if it compares with your knowledge. Overall a very strong red bar is seen during the weekly time period. The existing demad zone is created around 116.297. You can see that CHFJPY has created a small bull wave again to break the demand zone and activate it as a fake out and make an ugly stoploss hunt. However, look at the market until it is out of range overall, and activate a short order after a successful crash.