Traders Edge: Market Briefing 16/11/21

By Tomasz Wisniewski|

Published: November 16 2021, 11:06 GMT+0

Traders Edge: Market Briefing 16/11/21

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

Gold continues the upswing coming from the inverse Head and Shoulders pattern

Silver is as well, but here we’re experiencing a flat correction in the form of a pennant

DAX ends another flat rectangle and makes new all-time highs

EURJPY breaks the last important Fibo line and enters the bear market

AUDNZD breaches the horizontal resistance and aims higher

CHFJPY drops, driven by a very handsome Head and Shoulders pattern

USDCHF is inside of a giant symmetric triangle pattern. We’re currently aiming at its upper line

EURUSD continues the long-term descend. The Head and Shoulders pattern is in play here as well

GBPUSD is still relatively safe as here we are still inside of the flag formation

EURPLN is breaking the upper line of the ascending triangle pattern

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