CHF/Jpy is in uptrend and this channel save that in uptrend .price is to close of bottom of channel and i think this is good chance for long position. reward/risk : 4 stop loss : 115.170 less than 50 pips tp 1 : 116.440 more than 80 pips tp 2 : 117.000 more than 200 pips wait for first confirm candle on this zone and then open your position GOOD LUCK