On top of the recent swing move we can see a nice liquidity sweep of the consolidated previous weekly candles, rejecting the price and pushing downside and the recent bearish candle we now see validates the previous downclosed candle.
The huge wicks are results of economic events that occurred last week showing sign of rejection and pushing price to the downside. So in the upcoming week we should see price running below daily and weekly liquidities.
The huge wicks are results of economic events that occurred last week showing sign of rejection and pushing price to the downside. So in the upcoming week we should see price running below daily and weekly liquidities.