Traders Edge: Market Briefing 14/02/22

In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups that we thought you’d find interesting.

After Friday’s selloff, markets start the new week by opening quite shy, still not knowing what will happen in Eastern Europe.

SP500 is in the process of creating the right shoulder of the H&S formation

DAX comes to an end of a smaller pennant. Time for the breakout, most probably to the downside

The EURUSD pair bounce of a resistance on the 1.15 and breaks the one on the 1.138

The GBPUSD pair is locked below the 38,2% Fibonacci

The same happens with the NZDUSD pair, which bounced off the 38,2% quite recently

The GBPJPY pair bounces of a crucial, long-term, horizontal resistance around 158

Gold gives another hope for people believing it can protect your assets against rising inflation. XAUUSD pair is breaking the upper line of the triangle and aiming higher