Potential Bearish Gartley and structure short in EURUSD

The EURUSD has held the 1.0660s level several times. If the price action could press back to that level it will represent a good short opportunity. Reason for entry can be the Bearish Gartley completing at 1.0661. Stop is above previous high of 1.0690. Targets at 38.2 and 61.8.

Trade active

Trade closed: target reached:

Depending on the stop placement and the broker this trade may have been stopped out. My stop was not triggered, so the first target (adjusted) was hit. Stop moved to breakeven.

Comment:

Stopped out for breakeven on the second half due to the spike around NFP.