AUDUSD. Unified gartley
A potential unified gartley is setting up.
Trade plan: enter long@0.67089 with sl @0.66891(19.8 pips) and tp @0.67287(19.8 pips).
Statistics:
Over the past 20 years a pattern with these B-point and C-point ratios appears 21 times on AUDUSD,60M if the swings are identified with prex(6) algorithm. The best expectancy of 0.4166 of the Risk is acheived if the entry is placed @0.8XA(limit order), stoploss is placed @1.0XA and target is equal to risk distance. Historically average RR ratio is 1.12, the probability of win is 66.67%
Follow the updates. The pattern may become invalidated before it completes.
Comment below if you think it is a good idea to share statistics of a pattern in description. Let me know if I am to do it in future:)
Trade plan: enter long@0.67089 with sl @0.66891(19.8 pips) and tp @0.67287(19.8 pips).
Statistics:
Over the past 20 years a pattern with these B-point and C-point ratios appears 21 times on AUDUSD,60M if the swings are identified with prex(6) algorithm. The best expectancy of 0.4166 of the Risk is acheived if the entry is placed @0.8XA(limit order), stoploss is placed @1.0XA and target is equal to risk distance. Historically average RR ratio is 1.12, the probability of win is 66.67%
Follow the updates. The pattern may become invalidated before it completes.
Comment below if you think it is a good idea to share statistics of a pattern in description. Let me know if I am to do it in future:)
Transaction en cours
Trade fermée: cible de profit atteinte
immediate reversal after completion.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.