Traders Edge: Market Briefing 04/11/20

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

No Blue wave, no red wave, just black uncertainty. That is the first outcome of the Election Day. Its simply too close to call and we still don’t know who will be the next POTUS. Markets have their winner though and this is Donald Trump. Indices clearly surged, when investors found out that Donald Trump has much bigger chances for reelection then they previously thought.

Nasdaq surged overnight and is currently testing the 11560 points as a resistance

DAX is on its way to test the neckline of a big H&S pattern

FTSE is climbing higher after a bullish bounce from the lower line of the wedge

Oil is still in the positive territory after a false breakout from the symmetric triangle

GBPUSD is creating a nice head and shoulders pattern, with price still above the neckline

EURPLN is back below the 4,59, that looks rather bearish