Traders Edge: Market Briefing 02/11/20

By Tomasz Wisniewski|

Published: November 02 2020, 14:39 GMT+0

Traders Edge: Market Briefing 02/11/20

Tags: , ,

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

-Nasdaq bounces from the lower line of a big symmetric triangle pattern
-SP500 finds support on the 23,6% Fibonacci and tests it with a nice daily hammer
-DAX has an even better situation, also with hammer but here on the 38,2% Fibonacci, which tends to be more reliable
-EURUSD tests the broken 1.17 as a closest resistance. Sellers are winning
-EURAUD is coming back inside the sideways trend area. Apparently the bullish breakout was fake
-Gold is bouncing from the 1893 USD/oz resistance
-EURPLN comes back a bit and test the broken 4,59 as a closest support. That looks like a great place for a price action traders

Back