GBPUSD-Weekly Market Analysis-Jul19,Wk4

Bullish Shark Pattern complete as a counter-trend trade. A trade that on the day of engagement produced a 114pips of profits has now slid to 70pips of profit without risk at the moment.

On the 4-hourly chart(left) has a selling opportunity form at 1.2739 as a bearish shark pattern. A potential price to see retracement at the level but with that, it does pose a buying opportunity too.
Do you know why so? Comment down below.