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: 0.7-0.8AB
Entry(limit order): 0.6XA
Stoploss(stop order):1.1XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 08/30/00
Total patterns found 106
Number of winners: 61
Average winner 32.5 pips
Probability of win 57.55%
Average RR: 1.05
R-expectancy: 0.18
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.5-0 .6XA
C-point: 0.7-0.8AB
Entry(limit order): 0.6XA
Stoploss(stop order):1.1XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 08/30/00
Total patterns found 106
Number of winners: 61
Average winner 32.5 pips
Probability of win 57.55%
Average RR: 1.05
R-expectancy: 0.18
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