🧩 Key Idea
USD/MYR is forming a large inverse head & shoulders pattern since 2022. This is happening after a bull flag breakout in 2022, meaning the pair may be preparing for another strong move upward.
The USD/MYR chart shows a powerful setup. After a major bull flag breakout in 2022, an inverse head & shoulders pattern is forming. The head formed in Sept 2024, and the right shoulder is being built now (2025). If price breaks above 4.45, it could launch a big rally with targets above 5.70. As long as the price holds above 4.00, the bullish case remains strong.
USD/MYR is forming a large inverse head & shoulders pattern since 2022. This is happening after a bull flag breakout in 2022, meaning the pair may be preparing for another strong move upward.
The USD/MYR chart shows a powerful setup. After a major bull flag breakout in 2022, an inverse head & shoulders pattern is forming. The head formed in Sept 2024, and the right shoulder is being built now (2025). If price breaks above 4.45, it could launch a big rally with targets above 5.70. As long as the price holds above 4.00, the bullish case remains strong.
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Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.