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Cable forms Bullish Gartley pattern, good to buy at dips

Harmonic pattern formed - Bullish Gartley Pattern Potential reversal Zone (PRZ)- 1.5190. On the downside any break below 1.5190 will drag the pair till 1.5150/1.5120. The pair's minor resistance is around 1.5225 and brea…

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Cable forms Bullish Gartley pattern, good to buy at dips
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Harmonic pattern formed - Bullish Gartley Pattern

Potential reversal Zone (PRZ)- 1.5190.

  • On the downside any break below 1.5190 will drag the pair till  1.5150/1.5120. 
  • The pair's minor resistance is around 1.5225 and break above will take the pair to next level 1.5260/1.5280/1.5300.
  • Short term bearish invalidation only above 1.5360.

It is good to buy at dips around 1.5190-95 with SL around 1.5150 for the TP of 1.5275/1.5300

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