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Alexander_Nikitin
Oct 8, 2019 7:08 AM

gbpjpy. potential buy. Long

British Pound/Japanese YenFXCM

Description

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

Comments
shart
WELL DONE...... on the call of this pattern its on point.
Alexander_Nikitin
@shart, :D
LeHaoWong
do you think its good to enter a buy now?
Alexander_Nikitin
@LeHaoWong, I am not thinking. I am simply playing the probabilities.
Alexander_Nikitin
you are welcome to leave your comments here
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