AUD NZD - demand imbalance approaches.

G'day,

Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.

A note before reading - this is a forecast analysis - based upon a long term trading strategy looking for Fresh Demand/Supply zones.
This is tagged Long due to the overall monthly demand in control, until the opportunity of a rejection of the PCP has occurred or a long opportunity from a break and retest of the trend. Overall, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers. Until this criteria is met - no trade is taken until reactive, break or curve is confirmed.

Monthly timeframe

The monthly shows a strong test of the structure back in 2013 - where price has tested the September 2013 monthly candle 'close'.
Since this structure high, price has had a strong sell off with a large engulfing sell. Review below for the breakdown from the Fresh nested supply towards the demand zone.

Weekly Timeframe

Four Day in conjunction with Fibonacci extension

The four day has shown the similar zone which aligns nicely with the weekly.
Note- here that price has provided a clear sell off which has broken through and on the daily provided a break and retest. This would be the moment for a secondary sell could be placed with a confirmation on the lower timeframe(s).
Again structure provides a retest of the previous 'resistance' zone which aligns nicely with the End of August zone.

Daily Chart

Awaiting the reactive tap and then a further confirmation using the 8 hour or daily if preferred.
Price maynot reach the desired Daily, three day cross imbalance zone.
Upon a confirm - if price fails to provide engulfing moves - then expect a final push to complete the structure pattern within the arrival imbalance.
From here, price will need to test the curve and break the high curve allowing long term trades to take place.

More to come on positions -
not yet activated.
Level of interest 1.075
1.072 - 1.065

Review chart below

Do you enjoy the setups?

Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
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,
LVPA MMXXII