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

EURUSD is waiting for the FOMC inside of the symmetric triangle pattern

USDJPY is doing pretty much the same but here, we’re waiting very close to the upper line of this formation

GBPJPY is forming a descending triangle pattern. The price is currently flirting with the support of this formation

Gold broke a crucial support on the 1872 USD/oz

SP500 defended the neckline of the H&S formation with a hammer on a daily chart.  A promising start for buyers

EURGBP is also inside of the symmetric triangle. A breakout to the downside can be catastrophic here

Brent Oil is also in the group of assets moving sideways inside of the triangle. We are waiting for the breakout.

AUDUSD is testing the neckline of the triple bottom formation. A breakout would mean a buy signal.

Share.

About Author

During his career, Tomasz has held over 400 webinars, live seminars, and lectures across the globe. He was also an academic lecturer at Poland's Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for the accounts; none of which were ever negative. Tomasz gives preference to a technical approach to trading: mainly price action with very strict money management rules. He believes that the most important thing in trading is your mind, so it is much better to focus on trading psychology than to look for the Holy Grail of trading systems.

Comments are closed.