"

Recent Post

Friday, November 18, 2016

$EURUSD : Bullish Gartley Pattern



Harmonic Pattern formed – Bullish Gartley pattern 

Potential Reversal zone- 1.05168 

The major support is around 1.06300 (161.8% retracement of 1.09115 and 1.13663) and any break below confirms further weakness, a decline till 1.0600/1.0560/1.0520 is possible. 

On the higher side, any break above 1.0780 (5- day MA) will take the pair till 1.0820/1.08500 in the short term. 


It is good to buy on dips around 1.0635 with SL around 1.0590 for the TP of 1.0775/1.0845 

****************************************************************


Recommended Forex Brokers

eToro : eToro is a world’s largest social Investment Network used by         millions of real traders in 140 countries. They are well Known for their       innovative beginner friendly platform and excellent customer support                                       



Easy-forex : A well established safe and secure broker that’s been operating since 2001. They offer a solid forex platform including MetaTrader 4 platform with risk minimization features such as fixed spreads  and guaranteed stop loss.






No comments:

Post a Comment

Please do not enter any spam link in the comment box.