Mengikut firasat akan menuju ke : TP 1 : RM 0.90 TP 2 : RM 1.00 TP 3 : RM 1.14 Firasat melebur jika jatuh bawah aras RM 0.70.
Candlestick pattern Tower Top emerged, time to reverse. Post-Malaysia Election, ringgit weakened. Rise from 3.948( 9/5/18) to 4.049 (3/7/18) to conclude wave i (probably?). Based on the reversal pattern (tower top), supported by the RSI that shown overbought signal and bearish divergence, we can expect USD/MYR will move downward for correction. Possible target...
Checkout my map on BTC/USD direction. Trending in corrective wave, as per current view, head and shoulder pattern is formed. Breakout from 6700 level may trigger BTC/USD to 7800 level.
Current downward movement of FBMKLCI suggest that the corrective wave are still intact. 5 subwave sequence of wave C in the making. Index falling to complete the subwave iii of wave C. Possible target for wave iii : 1650/1600 Possible target for wave C : 1550/1500