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EURUSD Trade Idea

Harmonic pattern- Bullish Gartley pattern Potential reversal Zone (PRZ)- 1.1210 EURUSD has formed bullish gartley pattern in hourly chart and it is good to buy at dips . On the higher side pair's major resistance is arou…

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EURUSD Trade Idea
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Harmonic pattern- Bullish Gartley pattern

Potential reversal Zone (PRZ)- 1.1210

  • EURUSD has formed bullish gartley pattern in hourly chart and it is good to buy at dips .
     
  • On the higher side pair's major resistance is around 1.1340 and any break above would extend gains till 1.1370/1.14360 in short term.
     
  • The pair's major support is around 1.1200 and any break below will drag the pair further down till 1.1178/1.1150.
     
  • Bullish invalidation only below 1.1140 level.

It is good to buy at dips around 1.1210 with SL around 1.1150 for the TP of 1.1318/1.1335.

Resistance

R1- 1.1340

R2-1.1370

R3- 1.14365

Support

S1-1.1200

S2-1.1178

S3-1.1140

 

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