Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.4-0.5XA
C-point: 0.8-0.9AB
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 7:00:00
Total patterns found: 39
Number of winners: 20
Average winner: 26.8pips
Probability of win: 51.28%
Average RR: 1.05
R-expectancy: 0.0499
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.4-0.5XA
C-point: 0.8-0.9AB
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 7:00:00
Total patterns found: 39
Number of winners: 20
Average winner: 26.8pips
Probability of win: 51.28%
Average RR: 1.05
R-expectancy: 0.0499