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IRAN REJECTS PEACE
Well, the night is over. Even yesterday evening, there was news that the Iranian side had refused to conduct negotiations until the US maritime blockade is lifted, claiming this step violates the ceasefire. Therefore, Iran is preparing "surprises" on the battlefield. Vance cancelled his visit to Islamabad, whilst Trump extended the blockade and the truce until Iran offers an adequate plan and a deal.
Today, an official Iranian spokesperson stated that they officially reject the extension of the truce and will respond to the maritime blockade with armed force, "tanker for tanker". This is a 100% escalation, and actual strikes will be seen by the US as untying their hands and a reason to continue.
But the most interesting thing is how the market is behaving amidst all these escalations and mutual bickering. There are hints on the chart, and we will break them down in today's review.
Wishing everyone profit 🔥