man, I love this chart …

“should I stay or should I go …?”

check it out … the POUND is furiously getting liquidated and, well, for the global economy that ain’t good folks.

trust me, the options on FB or AMZN and blah blah can make you a lot of money but when the currencies are rolling – like they are now – it’s the shifting of the seismic plates folks.


  • testing a 30 year trend line from 1985. Note, it caught the 1985 and 2007 plunges. Is it going to catch this one?
  • the highlighted blue rectangles show an EXACT price pattern.  they are “mirror images” of each other.
    • go RIGHT- LEFT from 2001-1993 and we go UP the blue arrow.
      • we are now folding down into the 1993 low.
        • where did it fall to?
          • the .886 retracement
    • fast forward to 2009-2016 and we go UP the same amount.
      • we are now folding down LEFT-RIGHT into the 30 year trend line, the .786 retrace and the .886 retrace
        • “one” of these should hold the pound for a powerful move.
  • remember, from failed breakout/breakdown levels come POWERFUL moves …

Let’s PLAY the IF-THEN ….

IF the pound respects one of these upcoming levels as support THEN we should get a very nice BOUNCE (800-1000 pips?)

IF the pound does NOT respect these upcoming levels as support THEN we might have another currency collapse unfolding.

Let me know if you have have any questions.



Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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