CHFJPY: Reversal Signal and When to Sell

Yesterday I wrote about this market and a possible reversal signal using the 4H timeframe. You can read more details in this post. Just look at the related ideas.

After that, the price broke 110.200 and 110.400 resistance.
If we look at the daily timeframe, we can see the price above the resistance zone, but at the same time, the market stays interesting for selling as it can bounce from the resistance zone. We can think about the breakout as a fake breakout, and if the market provides us the confirmed reversal, why not to use this opportunity to open sell trades?

Indicators confirm the strength of buyers, and in order to get a more reliable signal, it will be better to wait for the falling below 110.200 and only after that join a downward movement using lower timeframes.