Pattern details and a trade plan: Swing identificaiton: prex(6) B-point: 0.4-0.5XA C-point: 0.7-0.8AB Entry(limit order): 0.85XA Stoploss(stop order): 1.1XA Target(limit order): 1.8 to 1 RR
Historical performance: First bar in history: 1999/01/04 8:00:00 Total patterns found: 26 Number of winners: 14 Average winner: 43.9pips Probability of win: 53.85% Average RR: 1.99 R-expectancy: 0.6085
on a 60mts chart..i think u have predicted to sell in weakness...too early...there is room for the price to moveup....up...and up...!!!!!
Alexander_Nikitin
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@harpreet_patpatia,
I was not predicting selling on weakness. I was goin to sell on the pattern completion. As the pattern was invalidated consequently the trade was cancelled. That's why I don't care what will happen next:)