GBPAUD - Four Hour - Bullish Shark

Hi Guys,

Here we have a Valid Bearish Shark on the GBPAUD Four Hour. Price is currently around 20 pips off of the PRZ. Long term, I am expecting a downward move on GBPAUD but this is an excellent opportunity for collect some pips.

I found this pattern following some excellent analysis from JustBusiness: tradingview.com/chart/GBPAUD/kS4l23QA-GBP-AUD-Bullish-Butterfly/. Extra confluence to support his idea.

Excellent 1:4 Risk to Reward ratio.

Do let me know of any thoughts or questions.

Thank You!

Victoria