USD vs LOONIE – critical juncture

I’m going to keep this post easy and just show the potential for a 5 wave count in the USD vs LOONIE.  I’m not showing anything else to just make it “easy” so to speak.

Here’s the deal – note the highlighted rule in the chart above.  IF we are doing 5 waves in the USD vs LOONIE then the highlighted levels needs to hold.  It’s that simple.

Bart

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. View all posts by BART