Philippine Index has double top, a bearish divergence using the EPHE/USDPHP spread showing this rally is weak in nature and must be shorted.
Target zones are the 1.00 (full retracement to 29.69) or a newer low at 24.00
Risk reward is skewed to the shorts.
Target zones are the 1.00 (full retracement to 29.69) or a newer low at 24.00
Risk reward is skewed to the shorts.
