Trade plan: enter firstname.lastname@example.org sl @1.21845(39.6 pips) and tp @1.23429(118.8 pips).
Over the past 20 years a pattern with these B-point and C-point ratios appears 37 times on GBPUSD ,30M if the swings are identified with prex(6) algorithm. The best expectancy of 0.7386 of the Risk is acheived if the entry is placed @0.7XA (limit order), stoploss is placed @1.1XA and target is three times greater than risk distance. Historically average RR ratio is 2.39, the probability of win is 51.35%
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:)
Here's the chart with trade levels for GBPUSD, 30M: http://prntscr.com/oy65nb