A potential unified gartley is setting up.
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.4-0.5XA
C-point: 0.7-0.8AB
Entry(limit order):0.7XA
Stoploss(stop order): 1.0XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 07:00:00
Total patterns found 38
Number of winners: 21
Average winner 37.3 pips
Probability of win 55.26%
Average RR: 1.38
R-expectancy: 0.3135
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.4-0.5XA
C-point: 0.7-0.8AB
Entry(limit order):0.7XA
Stoploss(stop order): 1.0XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 07:00:00
Total patterns found 38
Number of winners: 21
Average winner 37.3 pips
Probability of win 55.26%
Average RR: 1.38
R-expectancy: 0.3135
Ordre annulé:
Market gapped beyond the stoploss. A trade was not executed.
