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 3.95 (Fibonacci 0.5).