USDJPY, 30. unified gartley
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A potential unified gartley is setting up. Below is the best (to my mind) way of trading it based on my market research.
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.6-0.7XA
C-point: 0.3-0.4AB
Entry(limit order): 0.8XA
Stoploss(stop order): 0.9XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 07/00/00
Total patterns found: 26
Number of winners: 16
Average winner: 12.3 pips
Probabilitiy of win: 61.54%
Average RR: 1.33
R-expectancy: 0.4365
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.6-0.7XA
C-point: 0.3-0.4AB
Entry(limit order): 0.8XA
Stoploss(stop order): 0.9XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 07/00/00
Total patterns found: 26
Number of winners: 16
Average winner: 12.3 pips
Probabilitiy of win: 61.54%
Average RR: 1.33
R-expectancy: 0.4365
Transaction en cours
Trade fermée: ordre d’arrêt atteint
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