gbpusd. potential sell.

FX:GBPUSD   British Pound / U.S. Dollar
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: 0.3-0 .4AB
Entry(limit order): 0.8XA
Stoploss(stop order): 0.9XA
Target(limit order): 2 to 1 RR

Historical performance:
First bar in history: 1999.01.04 07/00/00
Total patterns found: 20
Number of winners: 11
Average winner: 25.0 pips
Probability of win: 55.00%
Average RR: 2.39
R-expectancy: 0.8641
Oct 18
Trade active
Oct 20
Trade closed: target reached: It is important that you do backtest with your own broker yourself and then you trade with the broker that you backtested. Different brokers give different quotes. Thus the results may differ radically. This time I got a win with my broker but on TV it shows a sl:
Oct 20
Comment: TV chart is based on FXCM quotes.
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The dollar will be great this week. No deal brexit. The pound will crash. Investors got too optimistic with brexit deal
@IllyrThrace, inverstors were pushing price higher to get a better price for sell when brexit fails:)
I definately agree with you on this because the market is being manipulated to the upside to get all the buyers in and then the big drop will occur when everyone least expect it !! I'm already on the sell side :)
Alexander_Nikitin masterforextrader
@masterforextrader, market is always manipulated. it is the essence of market.
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