EURUSD: Bearish Gartley Pattern Completion

Price has completed a bearish Gartley pattern. Willing to trade it with a great risk/reward ratio and since placing stops above X point requires a larger risk, I am considering trade price action in its PRZ. This way aiming for the 0.382 and 0.618 fib retracements of the AD wave we do have two great positions with risk reward >4:1

RSI is overbought - a good confluence..

Have a nice trading week...!

Trade fechado: objetivo atingido:

We move stoploss at breakeven to second position

Comentário:

Both targets reached ;)