Hi alanleeknots, congratulation on your Pretzel loop, I really like it

It is well designed, based on two Carrick components, so it is secure, strong and jam resistant. It has a simple hitch (nipping helix) as its locking component, the WE of which is tightly gripped by the full load of the SP , the load of one of the loop legs and simple hitch locked by the return leg load. A nice touch, is that after use, once the nipping helix has been released and removed, the whole of the knot simply falls to nothing.
This really is a beauty and so easy to tie - midline make two twists and fold the loop over line (much like the Alpine Butterfly method). This forms the two opposing Carrick components and the central 'hole' that the locking hitch is going to go through. Make the loop, then feed the WE through the locking hole, wrap it around the two carrick backs and feed it back through the hole with the WE on the loop side of the hitch (so the loop leg load pinches the WE. and there you have it - lovely knot that I am fairly sure is so memorable, I will probably use it and teach it.
Derek