GBP NZD - tested the 0 Fibonacci and created a new imbalance

Zaktualizowano
Hello Traders and Analysts,

This is a quick short term update:

A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.

Master Key for zones
  • Red = Three Month
  • Blue = Monthly
  • Purple = weekly
  • Scarlet [Red] - Four day
  • Orange = Daily
  • Magenta = 8 Hour
  • Grey = 4hour
  • Pink = 1 hour


Original Idea here: February 15th 2021.
GBP NZD - buying imbalances


Previous Update to the trade - proof the analysis is working!
GBP NZD - buying imbalance update


June analysis:
GBP NZD - June analysis update


i]Trade education
Using the Fibonacci across the 16 hour timeframe where price has created a "pullback", but what has happened here is price reached an imbalance and has fallen back towards the original imbalance as expected.
snapshot

Here is the breakdown of the wedges, pennants and channels.
snapshot

Finally executing - this is down to the individual.
For me - using probability at the zone in the ellipse.
snapshot

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If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.

Thanks,
Team LVPA MMXXI
Zlecenie aktywne
Active since february
Economic CyclesFibonacciGBPAUDGBPNZDimbalancesinefficientpricinglupacapitallupacapitalpartnersmultitimeframeanalysisSupply and Demandtechnical_analysis

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