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

Indices extend gains and the party on the stock market goes on

EURUSD is bouncing off the 38,2% Fibonacci and is coming to the downtrend

GBPUSD, on the other hand, is in positive territory, still trading above the major mid-term down trendline

Seems that USDJPY is ending the bearish correction, as the price is breaking the upper line of the wedge and is aiming higher

The same applies to CADJPY, GBPJPY and the majority of pairs with JPY in them

USDCAD advances higher after a triple bottom formation but the rise is shy and most probably, will end soon

NZDUSD is holding above the major horizontal support, keeping the buy signal alive

Silver with a chance for a major inverse head and shoulders pattern. But we are in the early stages, still waiting for the right shoulder

Gold is still in no mans land, waiting for a breakout


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.