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

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 - 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.

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• Focus on technical output not fundamentals
  
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Thanks,
Team LVPA MMXXI

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Active since february