A potential unified gartley is setting up.
Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.4-0.5XA
C-point: 0.8-0.9AB
Entry(limit order): 0.6XA
Stoploss(stop order): 0.9XA
Target(limit order): 1.5 to 1 RR
Historical performance:
First bar in history: 1999/01/04 13:00:00
Total patterns found: 66
Number of winners: 34
Average winner: 17.9 pips
Probability of win: 51.52%
Average RR: 1.27
R-expectancy: 0.1714
Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.4-0.5XA
C-point: 0.8-0.9AB
Entry(limit order): 0.6XA
Stoploss(stop order): 0.9XA
Target(limit order): 1.5 to 1 RR
Historical performance:
First bar in history: 1999/01/04 13:00:00
Total patterns found: 66
Number of winners: 34
Average winner: 17.9 pips
Probability of win: 51.52%
Average RR: 1.27
R-expectancy: 0.1714
Order cancelled:
price exceeded the C-point
