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Traders Edge: Market Briefing 22/12/20

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

Gold, did not manage to break the upper line of the flag but still defends above the major support on 1850 USD/oz

Silver on the other hand, broke both important resistances, horizontal and dynamic one

Oil tries to defend the lower line of the channel up

Major indices with V-shape reversals

EURUSD aims higher again

USDJPY denies the Inverse Head and Shoulders pattern and aims lower

USDCAD bonces from a crucial long-term horizontal resistance

EURAUD possibly with another false breakout, this time to the downside

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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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