Buy Setup on CHFJPY

Looking at ChfJpy, price has been in a steady uptrend on the daily timeframe. This gives us a good idea of the overall bias associated with this pair. Now scoping into the 4H, we could notice that price had a steep correction movement towards the downside. It seems like price quickly established support and is beginning to gain buying momentum once again. If price manages to crack the current resistance level that it's at, that'll show a sign of strength. I'll wait for a break and retest of this level, per usual.