Here we have a Valid 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.