CHFJPY seems be actually overpriced follow the last week's events i really like the structure of its supply and demand zone from a technical view, due its volatile nature from the JPY side if you choose to ride the short side i would highly recommend to cover your exposure either with a very tight stop if you go with it as a stand alone position or look for buying opportunity in gbpjpy you can check my GBPJPY analysis always take into consideration ATR ADR values when you start building your position or re balancing your portfolio according to your time horizon.