The iShares MSCI Philippines ETF (EPHE) ABC Correction

The iShares MSCI Philippines ETF (EPHE) seeks to track the investment results of a broad-based index composed of Philippines equities.

EPHE maybe making the last corrective WAVE C on a 5-3-5  or ZigZag. Wave B just completed with Leading Diagonal at 37.15. Wave C which is the last leg of ABC correction is unfolded and it seems that the first impulsive Wave 1 has ended and currently making Wave 2. Wave 2 may go up to 35 levels and after that, it will go down to complete the impulsive wave of Wave C.  Wave 5 of Wave C is forecasted to end at 27. The time period to complete Wave C maybe around December 2019.

iShares MSCI Philippines (EPHE) Bullish Alt Shark

iShares MSCI Philippines (EPHE) retested the  Potential Reversal Zone (PRZ) of A Bullish Alt Shark Pattern. There is also a Bullish Divergence between  the price and indicator.

EPHE Symmetrical Triangle Breakout - January 30, 2018

iShares MSCI Philippines (EPHE) 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 but expect a return move.
Resistance levels are at 40, 43, and 47.
Support levels are at 37 and 36.

EPHE Bullish Cypher - January 20 2017

 ISHARES MSCI PHILIPPINES (EPHE) completed a Bullish Cypher last December 22, 2016. The first target at 38.2% was already reached.

iShares MSCI Philippines ETF (EPHE) - May 6, 2014

Technical View
Daily Chart
> EPHE found resistance at 88.6% Fibonacci Retracement and Lower Median Line of Andrew's Pitchfork.
> The latest candlestick is a Gravestone Doji which is as Bearish Sign.
> Looks like EPHE is forming a Possible Bullish ABCD Harmonic Pattern with Potential Reversal Zone (PRZ) at 34.42.
> Support at 35.69 or the 38.2% Fibonacci Retracement level and Hagopian Line (Blue Dotted Lines) of Andrew's Pitchfork.

 #Caveat
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Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.

iShares MSCI Philippines ETF (EPHE) - April 23, 2014

Technical View
Daily Chart
> EPHE encountered resistance at Median Line of Andrew's Pitchfork.
> Support at Lower Median Line of Andrew's Pitchfork and 38.2% Fibonacci Retracement.
> RSI is currently at 58.30 (Base on 30-Day Period). Resistance at 62 and support at 55.

 #Caveat
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Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.