Thursday, March 23, 2017

MPI on another Bullish harmonic pattern

Metro Pacific Investments Corporation

MPI is potentially forming again a Bullish Bat Harmonic pattern and the recent price is now on the potential reversal zone or PRZ (5.87~6.15 range).

Trading Plan
- Monitor for reversal pattern within the PRZ.
- Buy the reversal pattern confirmation.
- For a high risk trade, buy the dips within the PRZ area and set stop-loss on breakdown from 5.76.





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