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Alexander_Nikitin
Sep 6, 2019 4:04 AM

euraud. unified gartley Long

Euro Fx/Australian DollarFXCM

Description

A potential unified gartley is setting up. Below is the best (to my mind) way of trading it based on my market research.

Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.7-0.8XA
C-point: 0.3-0.4AB
Entry(limit order):0.9XA
Stoploss(stop order): 1.0XA
Target(limit order): 1 to 1 RR

Historical performance:
First bar in history: 2004.06.16 15/00/00
Total patterns found: 6
Number of winners: 4
Average winner: 16.8 pips
Probabilitiy of win: 66.67%
Average RR: 1.12
R-expectancy: 0.4105

Trade closed: target reached

Comments
VasilyTrader
Drugs became stronger
CryptoBullet
thank you for you work
Alexander_Nikitin
@CryptoBullet, you are welcome:)
KTAS
Haha i just published the same.

Funny how patterns align with the BFT Algo:
Alexander_Nikitin
@KTAS, It is not the same at all. Your timeframe is Daily!!
KTAS
@Alexander_Nikitin, my bad! :D
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