GBPNZD - Sell then Buy

٢٤ يونيو ٢٠٢٠

Potential Trend reversal in play
Will sell to clear imbalances and buy to continue the upward momentum

Selling opportunity since the rally that has cleared out previous highs.
Lots of room for retracements to cover imbalance in price

Will enter when price breaks down below and fails to retest the zone

Keeping an eye for continuous momentum to the upside

٢٤ يونيو ٢٠٢٠

تم فتح الصفقة

٢٤ يونيو ٢٠٢٠

ملاحظة

Profits taken at the first imbalance zone.
Waiting for a breakdown on that zone and will re-enter a sell to the next imbalance

٢٤ يونيو ٢٠٢٠

ملاحظة

Otherwise if price clears the liquidity points on the left, we will look to buy

٢٥ يونيو ٢٠٢٠

ملاحظة

Price headed toward 2nd imbalance zone where we will take profits again.
If it breaks down below that zone, we will short to the 3rd imbalance zone and look for indications of a buy.

We are ultimately looking for confirmation that there is a trend reversal about to happen on the 1HR TF

٢٥ يونيو ٢٠٢٠

ملاحظة

Points of Interest where re-entries are possible.
Here's a buy to sell candle on the 1 hour. We set a sell order and price wicked into it triggering the order.

٢٥ يونيو ٢٠٢٠

ملاحظة

٢٦ يونيو ٢٠٢٠

ملاحظة

Re-entered a new sell to the the last point of Imbalance

٢٦ يونيو ٢٠٢٠

ملاحظة

In final sell to mitigate 1 hour candle imbalance.
Hoping to sell from the bottom all the way up clearing out the liquidity. Hopefully my entry is precise and I don't get wicked out.