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FxWirePro: EUR/USD forms bullish Gartley pattern, sell on rallies

Harmonic Pattern formed - Bullish Gartley pattern

Potential Reversal Zone (PRZ)- 1.1320

  • Any break above 1.1320 will take the pair to next target 1.1370/1.14365.
     
  • On the downside minor support is around 1.1240 and break below targets 1.1200/1.11750.
     
  • Overall weakness only below 1.1130.

It is good to sell on rallies around 1.1255-60 with SL around 1.1300 for the TP of 1.11770

 

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