A unified gartley has just completed on gbpusd.
Trade plan: entered long @1.20805 with sl @1/20405(40 pips) and tp @1.21205(40 pisp).
Over the past 20 years a pattern with these B-point and C-point ratios appears 29 times on GBPUSD,30 if the swings are identified with prex(6) algorithm. The best expectancy of 0.2936 of the Risk is acheived if the entry...
a potential unified gartley is setting up.
trade plan: sell limit order @71.531 with sl @71.689 and tp @71.217
Over the past 20 years a pattern with this B and C ratios appears 19 times on this pair and this timeframe. It produces the best expectancy (+0.73) if the stop is placed at X-point and the target is twice greater than the risk. If traded with these stops...
gartley just completed on btc usd. already had some small reaction to the downside and now price came back almost to the gartley completion point. If it breaks the D-point high then expect further upside move up to the X-point level. Else nice sell setup is in play.