Friday, February 3, 2017

Metro: Profit taking after run spotted, more upside?, price 1.095

From previous call, we have indeed seen Metro near our 1.10 target today with a high at 1.095 as of now.

We can start to experience some profit taking near here given the 3 days run, but any firm price action above 1.10 can still see the upside continue where we are prepared to ride.

Uptrend intact above 1.05 for now still where we may see some consolidation again before the next phase.

Looking at the arrows that i have drawn manually on the chart on Tuesday morning live (See below) before any of the rise came about over the next few days....

Indeed a good feeling when the prices pan out as drawn....

Question is: Can the move continue towards 1.15 as illustrated by the arrows?

What about the system, do we have any BULLISH ENTRY SIGNALS recently?


Recent Email:

Sent: Tuesday, January 31, 2017 10:46 AM
Subject: ****** Metro: May attempt a move above key 1.05 level, in watchlist, price 1.045

For illustration purpose only

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