AUDUSD - Bearish Butterfly

A Bearish Butterfly rested in the key resistance zone is usually a perfect setup for me, however, there are some imperfection on this setup.

A break and close above the previous Bearish Trendline. This is true, but at least it didn't break and close above previous structure, fingercross.

The next thing I'm not comfortable is that the 4-hourly chart has an emerging Bearish Shark Pattern resting at point B, a break and close above point B would put this Butterfly Pattern in an disadvantage.

Be in the now is important, it is a valid setup, I'd engaged it but I will watch closely and review it 3bars from now, which is 2-3hours time.

What am I looking out for?
- to see if the PRZ has been violated
- to see if the market retest the bearish trendline and fail to break and close below the trendline
- to look at candlestick formation