EURUSD Bearish Gartley

FX:EURUSD   Euro Fx/U.S. Dollar
112 0 5
a year ago
There's a bearish Gartley forming at the top of our descending channel .
A little less than 1:1 risk/reward as stops need to go above the wicks to the left of X.
Price usually likes to test the highest/lowest structure when they are this close.

However, given that this is at the top of the channel, and that price has been rejected there several times already, this offers a great trading opportunity in my book. If price reaches my D-completion that is.

Always conduct your own analysis before entering a trade.
a year ago
Trade active
a year ago
Trade closed: target reached: Target1 hit. Moved stoploss to breakeven to see if we can reach target2 as well.
a year ago
Trade closed: target reached: Target2 hit. Nice winner. :)
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