Thread: Forex News from InstaForex
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05-08-15, 06:33 #11
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Fxwirepro:cable Forms Bullish Gartley in Hourly Chart, Good to Buy at Dips
Cable declined till 1.5525 after making a high of 1.56328 yesterday. Overall trend is still bullish as long as support 1.5460 holds. Any break below 1.5460 will drag the pair down till 1.5430/1.5400. On the higher side minor resistance is around 1.5550 and any break above would extend gains till 1.5580/1.5630. It is good to buy at dips around 1.5510-15 with SL around 1.5460 for the TP of 1.5625
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