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

The GBPJPY is in a triple top formation and a divergence on MACD and RSI. There’s a very promising short but before that happens sellers need to break the neckline of this pattern

The AUDCAD broke the neckline of the inverted head and shoulders formation and later tested it as a closest support

The EURCAD bounced off a crucial horizontal resistance with two shooting stars. That’s usually very pessimistic

The Canadian Dollar Index is in a false breakout from the head and shoulders formation. That is promising for the CAD

The USDCAD bounced off long-term down trendlines and broke the lower line of the rectangle.

The USDJPY is possibly in a very dangerous bearish reversal

The AUDUSD denied the long-term sell signal and is aiming lower


About Author

Tomasz Wisniewski

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.

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