FX:GBPCAD   British Pound/Canadian Dollar
55 8 2
ForceFollower
2 years ago
Yes, a good idea.
Btw, what does 'PRZ' stand for? Pattern Resistance Zone or what?
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dvarrin ForceFollower
2 years ago
PRZ = Potential Reversal Zone
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ForceFollower dvarrin
2 years ago
Ah, yes! :-) Thank you, dvarrin. I like it. I just hope, it doesn't look too good to be true. :-)
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dvarrin ForceFollower
2 years ago
I don't like it that much anymore now :-(
BC should be a 3 waves move. C could actually be at the top of the candlestick with a big upper shadow and it would be a Crab pattern ending at 161% of XA
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ForceFollower dvarrin
2 years ago
...and you mean crab turns into crap?
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dvarrin ForceFollower
2 years ago
;-) Gartley turns into crap!
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ForceFollower dvarrin
2 years ago
Yeah, sure.
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dvarrin
2 years ago
After a better analysis, this Gartley could work. It is also the same PRZ as for the CYPHER pattern with XABC inside XA of the Gartley.
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