GBPNZD - Sell Then Buy
Were looking for shorts from the test of the 5M order block created during the UTAD of the 15M redistribution schematic. Once mitigation occurs, we may see a sell off until we reach our POI - 8HR OB. Within this order block we have refined our buy entry to a 15M OB which was the catalyst to HTF BOS which created an inefficient mark up price - leaving large imbalance voids to fill. On the fulfilment of these imbalances and mitigation of order bock, we could see the continuation of our HTF buy cycle. We will look for LTF accumulation to occur before considering buys from our POI.
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