AUDCHF, Are we forming a Monthly Double bottom?

The monthly trendline was broken some time ago, This was possible a signal that we might be changing direction on the bigger TF, Right now we the price around the Demand Zone on Smaller TF, yet on bigger TF it's not yet conclusive on how low it will go for us to clearly see the possible double bottom, the neckline of this bottom is too far up. let see if the position is place-based on daily TF we can have a smaller risk just testing out a theory.