FibonacciTrader

EPHE Symmetrical triangle breakout

Long
AMEX:EPHE   iShares MSCI Philippines ETF
$EPHE iShares MSCI Philippines broke out from a Symmetrical Triangle Pattern and may be forming a Potential Bearish Butterfly Harmonic Pattern that aims to be completed at 47.

Buy at current prices to trade the breakout but expect a return move.
Resistance levels are at 40 , 43, and 47.
Support levels are at 37 and 36.