USDMYR - 21Oct2021USDMYR - 21Oct2021
On the H8 timeframe, price dropped from resistance. We could expect price to continue dropping to 1st Support at 4.1420.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYX trade ideas
USDMYR - 20Oct2021USDMYR - 20Oct2021
Price gapped down below trendline today. We could expect further downside.
On the H8 timeframe, price gapped down.We could expect further downside to 1st Support at 4.1420.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 18Oct2021USDMYR - 18Oct2021
On H8 timeframe, price bounced to 1st Resistance after gapping down. For today, remain neutral with slight bullish bias as we start the trading week.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 15Oct2021USDMYR - 15Oct2021
On H4 timeframe, price bounced to 1st Resistance after gapping down. We could expect it to continue dropping to 1st Support.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 14Oct2021USDMYR - 14Oct2021
On H4 timeframe, price gap down below major support level indicating future bearish momentum. For now, it's oversold and due for short-term bounce to 1st Resistance before facing bearish to 1st Support.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 13Oct2021USDMYR - 13Oct2021
On H4 timeframe, price is coming into strong 1st support at 4.1520 where it could have a short-term bounce up to 1st Resistance.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 12Oct2021USDMYR - 12Oct2021
On H8, USDMYR broke below ascending trendline, we could potentially expect it to drop to 1st Support at 4.1530.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 11Oct2021USDMYR - 11Oct2021
On H4, USDMYR broke below ascending trendline, we could potentially expect it to drop to 1st Support at 4.1530.
This is for personal record purposes only, not financial advise or solicitation of trade.
USDMYR - 08Oct2021USDMYR - 08Oct2021
USDMYR have limited upside and could face further bearish to 1st Support once it broke below the ascending trendline on the H4.
This is for personal record purposes only
USDMYR - 07Oct2021USDMYR - 07Oct2021
USDMYR have limited upside and could face further bearish to 1st Support once it broke below the ascending trendline on the H4.
This is for personal record purposes only
USDMYR 13022021USDMYR weekly closed bearish,
it was resisted by 4.06
seeing possible visit 4.00 level
USD/MYR Entry PointUSD/ MYR continues trending downward within the channel trend and Bollinger bands . RSI showing a downward signal, MACD and MAs crossed downward.
Short Seller
- Good selling point from the breakout point of the previous support level (RED), close position at 3.90
Buyer
- Entry point advisable at 3.88, gotta wait for the bounce from the support level (GREEN) of the overall upward flag.
I don't participate in this trading, just giving out my thoughts. Buy or sell at your own risk level. I'm only observing currency to see the overall economic development.
SIGN OF CONTINUATION TREND ON USDMYR.My Idea On USDMYR .
USDMYR potential continue uptrend since the price has been showing sign of strength/hidden divergence on WK1 TF(SIGN OF CONTINUATION TREND).
If Price Break and close ABOVE 4.2100-4.2300 it will likely to go hinger.
Trading foreign exchange carries a high level of risk.
All predictions are strictly speculative and for educational purposes only therefore Use effective risk management.
However trading is complex instruments and involve high Risk and may not be suitable for all investors. Past performance does not guarantee future results.Trading foreign exchange carries a high level of risk.
All predictions are strictly speculative and for educational purposes only therefore Use effective risk management.
However trading is complex instruments and involve high Risk and may not be suitable for all investors. Past performance does not guarantee future results.
Trade At Your Own Risk.
Note:This Is Market Overview Not A Trade-Call
Happy Trading Pals.
Short MYR Daily Inside bar break up Malaysia covid cases are increasing daily + political uncertainty .
USDMYR have a great fall since 20 march 2020 after FOMC announced rate cut to 0.25% .
We saw that the down trend line has been broken and retest 61.8 level + inside bar break up .
Wait for pullback to long again .
Catch the bull move .
USDMYRUSDMYR on long term view. Two possible pattern on where will the price go. Any thoughts and idea, please do share. Happy trading, cheers.
MYRUSD real strong downtrendLHLL + Y1> BHOG@2
REAL strong downtrend
if W&R; success
TP 1.618 @ 0.2074
ST
HHHL +Y1>Y2 + no power up = weak uptrend
no X2 yet
likely it will reversal down
wait for W&R; or Pat A down
