NZDCAD. Retest of lows with at market Gartley pattern

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hey, traders. This week starts with NZDCAD setup. As usual I look for a trend and enter in it's direction using advanced patterns such as gartley , cypher and bat. On the chart above you see a series of lower lows and lower highs wich is a definition of a trend. I already entered it and while I was typing this message priceaction went a bit away from my entry point wich is exactly 1,272AB extention. Don't hesitate to enter short if priceaction pulls back to entry point before it hits 0,382AD - in this case Gartley remains valid. I place my stops above X and my target is a retest of A-point. Look at the related ideas links to see how this setups work. Press like if you find the information interesting. Follow me on Tradingview to never miss my ideas
This pattern was found by the MPS-5.2 pattern recognition software:

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Very nice, wish I had seen it sooner!
Super brilliant!!! :)) I'm developing more confidence in these harmonic patterns - mindful that they can and will fail probably around 50% of the time (on average). But gaining that confidence and limiting loss appropriately is key. I'm modelling your attention to detail and methodology.

I can only say thanks at this stage. Perhaps one day I'll invite you over to my to my yacht, when I get one!!! LOL. Chauffeur driven to it, in a Bentley of course - after being picked up from my private jet. LMAO. Nice to have a dream - keeps me going. ;)
+1 Reply
Alexander_Nikitin Captain_Walker
Stop focusing on money, mate. It is a bybproduct of carefree state of mind. Dream of this state of mind))
+2 Reply
Captain_Walker Alexander_Nikitin
..ite.. re-programming.. done it!! Is it alright to invite you to my dingy instead - and possibly for a sniff of Vodka? Is this cheap enuff? ;) LOL
Alexander_Nikitin Captain_Walker
I don't drink anything but water, mate.))
Looks solid.
+2 Reply
Thanks. Good luck to us =)
Luck is not in the equation. :)
+1 Reply
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