EUR/USD Short Trade - 1-hr. Chart, Gartley Pattern

EUR/USD has formed a Bearish Gartley pattern on the 1-hr. chart.  This includes a nice AB=CD pattern.  Here is the XABCD data, so you can do your own calculations.   Stop-loss = 1.1988, Profit Target = 1.1774 (78.6% retracement of AD).

• X = 1.1859
• A = 1.1754
• B = 1.1819
• C = 1.1780
• D = 1.1845

AB=CD @ 1.1845

"When you have eliminated the impossible, what ever remains, however improbable, must be the truth."  -- Sir Arthur Conan Doyle