Greetings Everyone!

Well… our Arizona Cardinals did not prevail…but I will say this… What a Game!

“HA, CVJ!…What happened to the Boys from the Wild West of Phoenix???”, the CVJ Guys say with heavy sarcasm and conceit.

“I respectfully decline to answer on the grounds of self-incrimination”, I say…. hee hee…

Let’s have a look at something we haven’t seen in a while… The Loonie!

The Dollar Canadian Pair is in an interesting area now on the Weekly…

We have a larger Symmetrical Triangular formation here, indicating a Breakout is imminent.

The overall Formation here is very stout…as we have such a large Flagpole here that when a Break does come…it will be significant, as the momentum built up will have to be expelled…regardless of direction.

(Give the Captures a click, and Post-Time is 4:00 GMT)

“CVJ!…We’re sorry about the Super Bowl…Really We are! … Which way is the CAD going to break?…Huh?…HUH?…Tell us now !!!”

 Those poor CVJ Fan Club guys…  they still do not realize that NO ONE KNOWS where Price will go…   ;-(

 Granted…all of you know me and my Position Trading ways…so this could take a few weeks…but we can always move to higher Time-Cycles and still observe the potential Break.

In the spirit of fair play and sportsmanship, here is the Hourly for all of my Intraday friends !

With just a simple Fib of the Hourly Uptrend…we can see the 38.2% is providing us some Support here…

We have a nice wide range here that will continue to coil in accordance with the larger Formation, and we will track our Analysis as we move along this week.

 Some Disclaimers here:

( I have no disparagement to really any style or time-cycle in Trading. This is an Equal-Opportunity Blog…so all perspectives are welcome. I would also like to mention…the Charts and Platform here I use for the Blog is for “illustrative” Purposes ONLY!

I do not use these to execute Positions…as I keep a lot of information on them to show all of you my “thought process” each day, and build on the prior days’ progression of activity.

I felt it was necessary to point this out considering my early Post on Tools and Data on your Platforms. )

 Now…as for the CVJ Guys…I hope they have a nice trip back to Pittsburgh celebrating their Super Bowl victory!

Of course…they will not get far…considering I traded their First Class Airline tickets for a ride in the back of FedEx Truck… As Cargo!