JFC previous harmonic pattern invalidated

Jollibee Foods Corporation

JFC's previous Bearish Butterfly harmonic pattern analysis has been invalidated due to recent breakdown from the immediate support area that happens to be the assumed B-leg of the harmonic pattern.

It is important to follow a trading plan appropriate for this kind of patterns that is still in the process of forming. See previous analysis here:
https://psetrends.blogspot.com/2017/05/jfc-price-action-update.html
https://psetrends.blogspot.com/2017/05/jfc-price-action-analysis.html


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