Traders Edge: Market Briefing 15/10/20

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

Indices are going lower sharply. Yesterday’s correction does not look so innocent anymore

Nasdaq drops after creating a sweet head and shoulders pattern

DAX breaks the lower line of the flag also driven by the head and shoulders formation

FTSE tests crucial horizontal support

EURUSD with a very similar situation. A head and shoulders pattern is also in play

AUDUSD with a sharp drop. Everything started with a false bullish breakout

EURAUD tests the upper line of the long-term range. Maybe we will finally have a breakout?

EURCHF breaks the lower line of the pennant and important horizontal support

Dollar Index breaks the neckline of the inverse head and shoulders formation. That looks bullish