Traders Edge: Market Briefing 30/03/22

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

SP500 climbs back above 4590 points. That was a crucial resistance in the mid-term

DAX reaches the horizontal resistance on the 14900 points. That looks like a good place for a bearish correction

GBPJPY reverses and tries to reach the horizontal support on the 157.9

USDJPY uses the resistance on the 123 to initiate a bearish correction

NZDUSD climbs higher after a positive test of the neckline of the iH&S formation

Gold tries to unfold the Head and Shoulders pattern. We had a breakout of the neckline and just recently, the test of this broken support as a resistance

EURGBP breaks the neckline of the iH&S formation. Possibly a strong buy signal

USDCHF drops again inside of the symmetric triangle pattern. The breakout to the upside from March was definitely a fake one.