Kiwi has reached bottom of long term descending channel which is in confluence with the demand zone from 2015. Banks are heavily bearish with their positions. So I think they will want to close them on the bottom very low. Now many traders are already in the longs. Their stop losses will be used as liquidity.
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DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" or "Comment". Thank You!
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Комментарий
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price is being manipulated down now. Its a squeeze of those who entered long to soon. As explained in the video
I must say after three years of dwelling around on tradingview your only one showing this valuable way of analyzing fx with COT data and simple TA. Your a boss.
Dave-FX-Hunter
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@TeddytheBear, You are welcome, hope it inspires you :D
CFDPROPTRADER
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Dawe, could you add Chart as well then we can play back the idea as well, we like your video too.
Thanks
Dave-FX-Hunter
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@VTX300, Great idea, I will do that once Im back on computer.