Welcome back, traders. for FX:EURCAD by Alexander_Nikitin

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gartleypattern straucture trend ctc alexander_nikitin

Well, hello everybody. The week start with this eurcad trend continuation setup. Targets on the chart. Make sure you watched my weekend forex forecast video. The link is in description to this idea:

EURJPY downtrend continuation + Forex Weekly Forecast Video

hope you enjoy it. Give me thumbs and leave some comments.

This pattern was found by MPS-v5.5 pattern recognition software: https://mps-trade.com

Join my free trading channel: https://t.me/mpstrade

My YouTube channel: https://www.youtube.com/user/alexniquitos/

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Hi dude ! curious to know how did you to call it a gartely when AB > 61.8 % of xa leg . Thanks !

waterman

Who told you it is not a Gartley formation?

Alexander_Nikitin

Thank you dude for confirming that it is Gartely. AB is not touching 78.6 though > 61.8. You are right. .Thanks.!

waterman

I am not trading Harmonics. So this formation is a gartley not because of specific ratios but because of its structure. Even if it is less than 61,8 - it is still a Gartley.