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U.S. DOLLAR / MALAYSIAN RINGGIT
Mar 17, 2023
Malaysia Ringgit. Head & Shoulder
1
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A drop from Nov 2022 peak (red arrow) shows a 3-wave ABC corrective move.
this follows by an impulsive move (5 waves) starting Feb 2023.
we might see a temporary pullback, a break below the head, and should pattern to RM4.3 before moving higher.
adezeno
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Chart Patterns
Elliott Wave
Trend Analysis
adezeno
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