NurlanAvazli

Even Manipulated Manat Obeys Wave Principle

FX_IDC:USDAZN   U.S. DOLLAR / AZERBAIJANI MANAT
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I have found something interesting about Azerbaijani Manat's behaviour, despite the political interruptions and heavy manipulation. Though the "Big Boys" in my country claim that AZN is floating currency, it is obviously not. What I find intriguing, however, is that the levels obey Fibonacci ratios very well. Wave (B) may develop any minute now. Then, wave (C) should be expected very soon after (B), dragging USDAZN about 1.5

Good news for my country's people and also for me :)
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