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As others have mentioned, your team should be just fine, so long as you have enough other people attending the raid as well.
The only change I would make is to move Gengar into your first slot (and if Mewtwo has Confusion, make sure you start off by dodging the first two Confusions that get rapid fired at the start of the match). The reason for this is because Mewtwo starts the battle with zero energy, giving Gengar more time to get in charged attacks before Mewtwo fires it's charged attack. The last thing you'd want is if your Gengar comes out later in the match right when a charge move goes off, and instantly faints.