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Pattern formed- Triple top
Intraday Trend reversal level- 1.5250
- Cable has formed temporary top around 1.5250 and retreated from that level. It is currently trading at 1.51978.
- Any break above 1.5250 will take the pair to new level 1.5300/1.5350.
- On the downside minor support is around 1.5200 and break below targets 1.5150/1.5080.
It is good to sell on rallies around 1.5202-5205 with SL around 1.5251 for the TP of 1.5140/1.5080
