Loonie at a critical level

LOVE the Loonie … as you can see below, IF (the big IF) you can catch a wave this FX pair likes to run .. in either direction. well here comes a wave …

at 1 we have the classic AB=CD and, at least for now, it is holding …

at 2 we have a lot of MATH coming together along w/ a corrective (dashed red line) move that has present on most EVERY major corrective pullback.

w/in both above (1 and 2) we have the TIME dashed green line … that’s pretty key to me. Something (hint hint look up at the sky at night) has been responsible for the corrective TIME of EVERY MOVE DOWN since the beginning. a measured move in time, if you will. if your wondering, the dashed orange line is of course harmonically related by fibo .382.

guess what, I’ll WAIT for that … and that’s the end of the summer, and I’ll table the Loonie but I wanted to show the power of TIME and PRICE combined. Guess what, if it doesn’t work, there’s 50+ other currency pairs. I’m trying after so so many years fighting to make this easy and enjoyable …

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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