Flag formation completing. Pole distance is 2.79. Unrest only confirming the tech that The Ruble is devaluing fast, people dumping it. Minsk in a shortage of USD and stoped exchanging!
Broke the flag and estimated distance to target is 2.77 which is the distance of the pole, conservatively. With the country in turmoil, dump your "rubles" now. 3 /USD is possible also!
Thailands tourism is in the gutter as Chinese tour groups stopped. China is a large cut of tourism.
Baht had its run, part IS OVER. Time for this MASSIVE BULL WEDGE TO BREAK UPWARD, AND THE BAHT DECEND TO ITS REAL VALUE.... which matches the countries LOW productivity levels.
High baht times are over for now.
This is a descending wedge which are bullish. In the long run, monthly I see a target of 36 in the years to come. World trade and spending are slowing in the macro economic picture and EMs will not hold up! If you have baht, time to sell and reverse positions as 29 or 30 baht per dollar will NO WAY hold much longer. This kind of rate is totally ridiculous in the...
CUP AND HANDLE FORMING CUPS ALL OVER THE PLACE. BREAKOUTS START MONDAY OR TUESDAY! BE IN POSITION AND EXIT MAY 14TH~!
ALTS ABOUT TO SHOOT UP FOR A COUPLE WEEKS.
