GBP NZD - tested the 0 Fibonacci and created a new imbalance
Updated
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
Original Idea here: February 15th 2021.
Previous Update to the trade - proof the analysis is working!
June analysis:
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.
Here is the breakdown of the wedges, pennants and channels.
Finally executing - this is down to the individual.
For me - using probability at the zone in the ellipse.
Do you enjoy the setups?
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
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.
Previous Update to the trade - proof the analysis is working!
June analysis:
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.
Here is the breakdown of the wedges, pennants and channels.
Finally executing - this is down to the individual.
For me - using probability at the zone in the ellipse.
Do you enjoy the setups?
- 10 years combined analysis experience in capital markets
- Focus on technical output not fundamentals
- Position and swing trades
- Provide updates where necessary - with new updated ideas tracking the progress.
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
Trade active
Active since february
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