GBPJPY, 1H. Potential buy.
Updated
A potential unified gartley is setting up.
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.7-0.8XA
C-point: 0.6-0.7AB
Entry(limit order): 0.8XA
Stoploss(stop order): 1.1XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 08/00/00
Total patterns found: 51
Number of winners: 29
Average winner: 60.4 pips
Probability of win: 56.86%
Average RR: 1.05
R-expectancy: 0.1638
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0.7-0.8XA
C-point: 0.6-0.7AB
Entry(limit order): 0.8XA
Stoploss(stop order): 1.1XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999.01.04 08/00/00
Total patterns found: 51
Number of winners: 29
Average winner: 60.4 pips
Probability of win: 56.86%
Average RR: 1.05
R-expectancy: 0.1638
Order cancelled
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