FibonacciTrader99
Long

Philippine Peso Remains Weak Against US Dollar

FX_IDC:USDPHP   US DOLLAR / PHILIPPINE PESO
47 0 2
Philippine Peso Remains Weak Against US Dollar             . If USD/PHP breaks 48.35, the bulls might push this up to 49 for the completion of a Bearish Bat Harmonic Pattern .
Comment: The Philippine Peso remains weak and did not respect the Potential Reversal of of a Bearish Bat (Check Here for the post http://fibonaccitrader618.blogspot.com/2016/09/usdphp-potential-bearish-bat-september.html).
We might see the USD/PHP at 56 level to complete the Potential Bearish Crab.
http://fibonaccitrader618.blogspot.com/2016/11/usdphp-potential-bearish-crab-novemver.html
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