Figured I would post another analysis on kiwi since it has been playing out so well. We saw a strong monthly candle close for November, however I do feel like price action is becoming weak and will want to seek liquidity resting below that huge hourly candle shown on the right. It's in confluence with a monthly order block I marked out in red as a potential bounce zone to get us to the blue box where i believe this pair will find its serious resistance. If the gap between the November and December candles fills, I expect this pair to go down to the red box.
Kommentera:
liquidity gap closed.