FX:USDCAD   U.S. Dollar / Canadian Dollar
A potential bull unified gartley is setting up. It is seen by wpr(14,-20,-80), cci (14,100,-100), rsi (5,70,30), prex(10), atr(2.5, 30) and pips(412) reversal algorithms. Oscilator wave confirmation algorithms are frequently used by Ellioticians, pips and atr swing identification algorithms are commonly used by classic chart pattern traders and prex algorithm is a universal algorithm used by the majority of traders.

If you have this pattern in your trade plan then...

buy in 1.3050-1.3014 zone. if the zone is crossed then the pattern didn't work. first target is 1.3081, second target is 1.3101. The targets are adjusted if price action goes deeper into the yellow zone(restretch the fibs to fit priceaction and find new 0.382 and 0.618 levels).
Trade closed: stop reached: "nice pattern but didn't work"
This pattern was found by the MPS-5.2 pattern recognition software: https://goo.gl/viM3Ya

Black Friday is soon: http://ps-software.net/black-friday/

My Youtube channel: https://www.youtube.com/user/alexniquitos?sub_confirmation=1
Dear Alexandr USD/CAD bouncing up from the key buy zone.
That's why I think there will be up moving.


Reply
Thanks for sharing, I agree with your idea and am bullish on USDCAD as well and identified a horizontal pullback support which coincides with the 23.6% and 38.2% fibonacci retracement.
Glad that we have the same bias
Reply
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