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: 0.5-0.6AB
Entry(limit order): 0.85XA
Stoploss(stop order): 1.15XA
Target(limit order): 1.4 to 1 RR
Historical performance:
First bar in history: 1999.01.07 18/30/00
Total patterns found: 40
Number of winners: 22
Average winner: 49.8 pips
Probability of win: 55.00%
Average RR: 1.51
R-expectancy: 0.3792
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.5-0.6XA
C-point: 0.5-0.6AB
Entry(limit order): 0.85XA
Stoploss(stop order): 1.15XA
Target(limit order): 1.4 to 1 RR
Historical performance:
First bar in history: 1999.01.07 18/30/00
Total patterns found: 40
Number of winners: 22
Average winner: 49.8 pips
Probability of win: 55.00%
Average RR: 1.51
R-expectancy: 0.3792
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