Next Monthly Candle
Today and especially tomorrow, God willing; many currencies will start moving in preparation for moving to the closing point of the current monthly candle. This closing area will also be in order to form a tail for the next monthly candle when it opens.
More clearly: The currencies that will start to rise next month will rise during the day or tomorrow, God willing, in order to form the tail of the new monthly candle when it opens; that is, they will fall in the first days of February in order to form a lower tail for the candle, and then rise.
Noting that February will be a month of mixed trends:
- There are currencies that will start to rise (either gradually or noticeably).
- Other currencies will go through a sideways trend (i.e. a stage of accumulation).
- Other currencies, especially those that have risen significantly, will be in a liquidity discharge stage.
- Others may continue to fall in preparation for the rise in the coming months.
We wish everyone success, God willing
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