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LitCap-Vell
Sep 30, 2019 1:42 AM

NZDUSD LONG 

New Zealand Dollar/U.S. DollarFXCM

Description

With the last equal low below soon to be taken out the market has left a lot of liquidity pools above combined with imbalances and mitigation zones. By identifying institution candles also this trade is a high probability set up for me as i believe the upside targets must be taken out before a continued downward move.

I plan on holding this trade for as long as it takes, the imbalance zones are very noticeable on the 4H time frame and leave large indications to exit areas and signs of reversals which can create potential re-entry points.

Lets see what happens

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