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

The SP500 created a small flag, which is probably a stop before an attack on the neckline of the Head and Shoulders formation

The Nasdaq escaped from the wedge to the downside. The Head and Shoulders formation is in play here too.

The EURUSD broke a major horizontal support and is aiming lower.

The GBPUSD is in pretty much the same situation.

The USDJPY is climbing higher and it all started with a bullish breakout from the symmetric triangle pattern.

The CADJPY created a small pennant in the mid-term. A breakout will show us the direction.

The GBPJPY is also waiting for a breakout.

The USDMXN already had one. This time, to the upside. Sentiment is definitely positive.

We end with Silver, which also broken an important level, but in this case, it’s a crucial horizontal support. The next few days and weeks can be tough.


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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