$EURUSD : Bullish Gartley Pattern

Thursday, November 17, 20161comments

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 


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December 22, 2016 at 8:50 PM

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