Cable forms Bullish Gartley pattern, good to buy at dips
Harmonic pattern formed - Bullish Gartley Pattern
Potential reversal Zone (PRZ)- 1.5190.
On the downside any break below 1.5190 will drag the pair till 1.5150/1.5120.
The pair's minor resistance is around 1.5225 and break above will take the pair to next level 1.5260/1.5280/1.5300.
Short term bearish invalidation only above 1.5360.
It is good to buy at dips around 1.5190-95 with SL around 1.5150 for the TP of 1.5275/1.5300
Potential reversal Zone (PRZ)- 1.5190.
On the downside any break below 1.5190 will drag the pair till 1.5150/1.5120.
The pair's minor resistance is around 1.5225 and break above will take the pair to next level 1.5260/1.5280/1.5300.
Short term bearish invalidation only above 1.5360.
It is good to buy at dips around 1.5190-95 with SL around 1.5150 for the TP of 1.5275/1.5300