Entry conditions: (i) higher share price for ASX:MYR above the level of the potential outside week noted on 6th September (adjusted with the incidence of the inside week the following week, allowing activation of the trade above the level of the range for that week, i.e.: above the level of $0.855, as depicted by the blue dotted line and accompanying text on the...
MYR is in a strong weekly uptrend and has had a recent strong impulse move followed by tight consolidation right below a major weekly anchor to the downside. Aggressive entry has likely already passed a few days ago, so waiting for the BO which adds confirmation, then getting in on the pullback targeting next level.
USDMYR - This chart can use to monitor our country economy too, hopefully the double top here can indicate that our MYR can continue to be strengthen under the unity government. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip...
goodbye for hike price sgdmyr... the price will fall down
It might just be silly Solly again, BUT this thing has been grinding for a long while now, Ill be VERY surprised if they dont keep it up this time. Tis the season anywhoo, Holding from 63 Targets 725 and 840
CNY/MYR looks set to dive out of a two-year ascending channel 1. Bear divergence of RSI and MACD on weekly timeframe. 2. Multiple rejections above 0.66 in recent months. 3. Monthly MACD crossing bearish.
Malaysian Ringgit (MYR) potentially valued lower against US Dollars (USD). US Dollars (USD) strengthen due to higher interest (expected). Resistance (green) potentially to break as USD strengthen in the upcoming Fed's action.
The upward movement failed to reach resistance 3 hence price will try and retest support line. If price passed support line then ETH is now entering downtrend . There's possible uptrend still if price passed Resistance 3, that will be another buying opportunity.
Hello Traders, I am currently learning Technical Analysis , and the ideas I post are what I call ("Learning Notes"). Comments on my analysis are very much welcome and will be greatly appreciated. Let us learn together, and grow together to be a better trader! Sincerely, Kenneth Lee Disclaimer: This is not a buy/sell recommendation, nor should it lead to...
Hello Traders around the World and Malaysia, I am currently learning Technical Analysis, and this analysis is what I call ("Learning Notes"). Any sort of constructive comments on my analysis are very much welcome and will be greatly appreciated. Let us learn together, and grow together to be a better trader! Sincerely, Kenneth Lee This is not a buy/sell...
The inverse of the US Dollar Index DXY versus select Asian currencies of Japanese yen JPY, Korean won KRW, Singapore dollar SGD, Malaysian ringgit MYR, Thai baht THB, Philippine peso PHP - note recent trends against trends over the last decade.
USDMYR on long term view. Two possible pattern on where will the price go. Any thoughts and idea, please do share. Happy trading, cheers.
"When the steam is not there for the Dollar, we buy our own currency Ringgit..especially KLSE" -Zezu Zaza, Webinar 1st May 2020 The selling in Dollar last week is a one of example of mechanism of retracement. As we can see, Ringgit is strengthen this week. This week is a bullish potential sign has started. Half of our sector industries will be open today 04th...
seen like sgd now move much stronger than myr
i though the MYR will start stronger by showing a down trend on mid term ( 2 hour ) , however it move up and broken the down trend line...seen another depreciate on MYR
In a monthly time frame, it is clear that the pattern forming descending triangle and forming double top inside the major pattern. Although the major trend still uptrend, but the price move near the support line with the RSI 40%. After breakout double top pattern, the price might be pullback to the breakout point and wait for bearish price action to short, thus,...