Iran’s currency hits record low amid tensions with the West
Depreciation of the rial comes amid boiling tensions with the West and continuing protests in Iran.
On Sunday, the United States dollar went past the 450,000-rial mark for the first time on the open market.
On Sunday, the central bank said it will soon raise the maximum amount of currency that can be...
USDJPY (long-term)
$ vs ¥
The market has been moving sideways since a bullish impulse in wave ((A)) finished.
It seems like a wave ((B)) is taking the form of a triangle .
So wave C of (D) is finished. If correct, the market should continue to decrease towards the pattern’s lower side to a wave (E) , in the coming months.
USDJPY (long-term)
$ vs ¥
The market has been moving sideways since a bullish impulse in wave ((A)) finished.
It seems like a wave ((B)) is taking the form of a triangle. So wave C of (D) is likely underway. If correct, the market should continue to increase towards the pattern’s higher side in the coming weeks.
this sign is the end of the bullish trend
because there is a large volume plus a large candle at the end of this trend
and the start of the bearish trend towards the VWAP indicator,
as sellers will enter the markets this means that there is an opportunity to sell
signal to sell
Probability:65%
We are in a downtrend but we have a good probability ( maybe > 65%) the Market will keep going up and cut the TP
TP & SL : on the Chart
Bonus: if the a Green Candle Cut with Force the TP ( u can take a second position and buy again and choose your own TP & SL)
