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

So far Tuesday looks like a correction day pretty much everywhere; on indices, currencies and commodities.

The SP500 dropped to test the lower line of the triangle pattern The DAX is staying strong above major supports

Gold dropped removing all the post NFP gains

The GBPUSD is in an important battle on the neckline of the Head and Shoulders formation. A breakout could be lethal

The USDCAD is climbing up to test a crucial mid-term horizontal resistance

The AUDCAD is also in correction mode but still above the absolutely crucial support on the 38,2% Fibonacci

The EURNZD has managed to climb back above the horizontal resistance but is still below the lower line of the flag

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.