CHFJPY: Major Support Broken - Bearish SetupCHF/JPYOANDA:CHFJPYForexSignal1The CHFJPY pair has just confirmed a significant bearish breakdown on the 4H timeframe. After multiple tests of a key horizontal support zone, the bears have finally taken control, clearing the way for a potential downward move. Technical Analysis Support Breakdown: The horizontal support level around 202.750 - 203.000, which acted as a floor multiple times throughout March and April, has been decisively breached. Descending Trendline: A short-term descending trendline (lower highs) has been putting pressure on price, squeezing it against the support until the break occurred. Candlestick Confirmation: We are seeing strong bearish momentum with consecutive red candles closing well below the structural support. Market Sentiment: With the break of this significant level, the previous support is now expected to act as "new resistance" (Role Reversal). 🚀 Trading Plan Trade Type: Short (Sell) Entry Zone: Market price or on a minor retest of the broken support level (~202.600 - 202.800). Stop Loss (SL): Above the most recent swing high and the descending trendline (around 203.850). Take Profit 1 (TP1): 201.200 (Recent swing low area). Take Profit 2 (TP2): 199.500 (Psychological level and major structural support).