ChangFionpf

ChangFionpf

Is it an impluse wave? W4 start to retrace. Wait for W5 to come and short.

ChangFionpf

USDMYR is at the retracement. But price resistance at 4.399 to 4.435 and support at 4.098 and 4.102. Price action is at flat, no major. We see the trend when price action break the resistance and support line. However MACD (18,30,15) shows signal lines are crossed and histogram is positive. Price action has change to move up few hundred pips. Then price action...

ChangFionpf

Long USDJPY

ChangFionpf

Short USDMYR cause wave B is going to complete and wave C is going to start. It will retrace 0.618 (3.9621). MACD at the cross and positive momentum become lesser.

ChangFionpf

Entry at 1.0926 at Wave 4 Profit at 1.1626 at Wave 5

ChangFionpf

Low is low than previous low. Intermedia wave for 15min chart show down trend. However daily chart MACD show uptrend movement slow down, fast length and slow length are going to cross and change trend.