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
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
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