CHF/JPY Analysis, Chart, and Trading Idea

Analytics for CHF/JPY Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
 

The trend is descending. The formation of the ascending truncated wave structure ended with the breach of the pivot 2 of the wave C. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold situation.
 

Trading idea:

Sell at the breach of 142.65

Stop Loss: 143.91

Target price levels: 141.50; 140.50