Nico.Muselle

EURUSD 60 potential bearish Gartley - continued consolidation ?

Kort
FX:EURUSD   Euro / USA-dollar
Depending how the world might react on the failed negotiations between the EU finance ministers and Greece, we could see a completion of this Gartley or not. I will certainly keep an eye on it.

I would strongly advise to put the stop above previous breakout - if you don't, stop loss might be hunted and you'd lose out on a nice opportunity. Even with this stop loss, the RR for TP1 is 1.5/1 and >3/1 for TP2.

Questions about this setup ? Don't hesitate to contact me.

May the pips be with you !

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