EURGBP. unified gartley

FX:EURGBP   Euro / British Pound
A potential unified gartley is setting up.
Trade plan: enter short @0.91446 with sl @0.91704(25.8 pips) and tp @0.91188(25.8 pips).
Over the past 20 years a pattern with these B-point and C-point ratios appears 17 times on EURGBP ,30M if the swings are identified with prex(6) algorithm. The best expectancy of 0.4746 of the Risk is acheived if the entry is placed @0.9XA (limit order), stoploss is placed @1.1XA and target is equal to risk distance. Historically average RR ratio is 1.51, the probability of win is 58.82%
Comment below if you think it is a good idea to share statistics of a pattern in description. Let me know if I am to do it in future:)
Order cancelled: the pattern was invalidated.
This pattern was found by MPS-v5.5 pattern recognition software:

Join my free trading channel:

My YouTube channel:
nice job
@DaweFXHunter, thank you:)
Sharing the statistics of the pattern is an awesome move that helps in decision making, given the fact that the market occasionally repeats itself. Doing more of this will definitely be appreciated; thank you for the qualitative content that you provide.
+1 Reply
@SageLewis, Agree:) thank you for your comment.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out