Time is getting small
A few items to include in your thinking.
- IQD -
This is clearly in the on Deck circle.
So… here we go.
This is the even if portion…
- The dinar is not listed on forex (ya I know you know this) and because of this, it will go through a process to get there.
- It will start with the CBI and in pseudo partnership with the IMF . And with/via the Gazette notification. It will announce that the rate is changing, and their intention is to be an international currency.
- The ‘package’ will be submitted to the forex system.
- This will not be immediate as some believe it would be. It will go through a review of sorts. Mainly watching, checking for stability and support etc.
- In the meantime, the CBI/IMF will be proving up trading pairs with other currencies.
- These pairs will start trading on a back channel or non public. These trades will help prove to Forex that fluctuations are managed and stable.
- Then Forex will list on the boards. Ya I know for you Square Heads more happens, just relax.
This whole process can take
1-3 days
So if this candle gets lit on a Sunday … well Forex won’t act on anything until Monday at earliest. Why ? Because Forex is a US based organization and it follows US holidays and weekends. And probably Betty doesn’t work till Monday. Lol.
So, could be fast 1 day or slow 3 days . I am betting there is a pretty big push so I am edging to 2 day lite.
So make your guesses and have fun. Note my earlier post and others comments are great information to think about.
Don’t forget about XRP and how this fits in!
Just A Thought …
Source: Spenhollow
@MelaniastasiaRomanov✅
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