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): 1.05XA
Target(limit order): 1.5 to 1 RR
Historical performance:
First bar in history: 2004.06.16 15/30/00
Total patterns found: 45
Number of winners: 25
Average winner: 74.6 pips
Probability of win: 55.56%
Average RR: 1.11
R-expectancy: 0.1743
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): 1.05XA
Target(limit order): 1.5 to 1 RR
Historical performance:
First bar in history: 2004.06.16 15/30/00
Total patterns found: 45
Number of winners: 25
Average winner: 74.6 pips
Probability of win: 55.56%
Average RR: 1.11
R-expectancy: 0.1743
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