Atomic_Pips

GBPAUD - Four Hour - Bullish Shark

Long
OANDA:GBPAUD   British Pound / Australian Dollar
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: 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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