🧩 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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.