AUDNZD - Bearish Shark Pattern on Daily Chart (2 PRZs)

A shark pattern might be completing next week.
This shark pattern has 2 PRZs, do take note.
RSI is about to reach overbought level.

In my opinion, PRZ 1 seems to be a strong resistance level, where price is more likely to retrace.

Excellent R:R
PRZ 1 : 3.8 (TP1) and 6.8 (TP2)
PRZ 2 : 4.1 (TP1) and 7.3 (TP2)

Will update with upcoming news that affect AUDNZD and if pattern completes.

Have a good weekend.

Comment:

Price has reached the first point of PRZ 1.

Comment:

2nd point of PRZ 1 hit, awaiting for current candle to close and observe the next.

Trade active:

Market execution at 1.07145

Comment:

Currently at about 40+ pips profit.

Comment:

Currently at about 60 pips profit, I am still holding my short position.

Comment:

Shifted SL to breakeven, risk-free trade now.