SOUTHEAST ASIA CEMENT HOLDINGS, INC.(PSE:CMT) – This is the first pattern to look out for. If this breaks down, it could morph into a bullish shark or a 5-0 pattern. Let’s observe price action at the PRZ first.
The point D PRZ of this pattern converges with the 61.8% retracement of the XA leg of the bat pattern.
Aside from the bat pattern I posted days ago, this is the smaller pattern, whose BC leg could be the above:
The point D PRZ of this pattern converges with the 61.8% retracement of the XA leg of the bat pattern.