


RockersFx
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since Jul 17, 2021
chartpattern
trendanalysis
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According to 90% Rule, Trend line must be confirmed with 3 touches and the forth touch is a breakout which instantly follow by a retest.
1
A head and shoulders structure is reaved and after this structure, a bullish engulfing candles would instantly follows due to demand zone need to be respected as previous.
2
AUDCHF will continue selling after breaking the demand zone, confirmation shall occurs followed by a strong downwards momentum. The price will close below the demand zone which will serve as a first signal for selling.
2
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