Potential bullish movement on AUDCHF

2020-02-06 15:39:48

Price has been reached the historical support area and reversed immediately from that and broke the previous daily resistance.
Right now price has been touched the daily descending trend line. I am waiting for a little correction to the previous resistance zone which is going to act as support right now. After that looking for breakout of daily descending trend line with possible head and shoulder pattern.
Will update the idea for entry in case of break out.