FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to buy on dips
Harmonic pattern formed- Bullish Gartley pattern. Potential Reversal Zone (PRZ)-1.0900 EUR/USD has formed Bullish Gartely pattern in the daily chart. The pair has broken major support at 1.1045 and declined till 1.10318 …
EUR/USD has formed Bullish Gartely pattern in the daily chart. The pair has broken major support at 1.1045 and declined till 1.10318 at the time of writing.
On the lower side, 1.1000 will be acting as major support and any break below will drag the pair down till 1.0950/1.0900.
EUR/USD’s immediate resistance is around 1.1075 and any break above targets 1.1100/1.1160 in the short term.
It is good to buy on dips around 1.1010 with SL around 1.1095 for the TP of 1.1100/1.1158
