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

USD loses traction and allows other currencies to catch some breath. On many pairs, this initial reversal is happening in very interesting places.

GBPUSD is bouncing from the lower line of the flag and the 38,2% Fibonacci with a beautiful inverse head and shoulders pattern. The neckline is already broken, so the buy signal is ON

A similar situation can be seen on the NZDUSD but here, instead of the iH&S, we have the triple bottom formation.

EURUSD is bouncing from the lower line of the pennant

GBPJPY defends a crucial horizontal support and aims higher

USDCHF still waits for the breakout from the symmetric triangle pattern. Currently we are in the middle

AUDCHF aims higher after the price makes a V-shaped reversal after touching the lower line of the flag

CHFJPY continues another week inside of the rectangle, between the 23,6% and 38,2% Fibonacci

CADCHF is attacking a long-term horizontal support. A breakout can bring us a proper sell signal

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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.

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