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Alexander_Nikitin

gbpjpy. potential buy.

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Alexander_Nikitin Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns Gartley
85
5
trendanalysis harmonicpatterns chartpattern gartleypattern
A potential unified gartley is setting up.

Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.5-0.6XA
C-point: 0.7-0.8AB
Entry(limit order): 0.7XA
Stoploss(stop order): 0.99XA
Target(limit order): 1.4 to 1 RR

Historical performance:
First bar in history: 1999.01.04 08/30/00
Total patterns found: 85
Number of winners: 47
Average winner: 58.9 pips
Probability of win: 55.29%
Average RR: 1.75
R-expectancy: 0.5178
Trade closed: stop reached

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