Indices continue the bounce, yen tries to end the correction [Video]
In today’s Traders Edge Market Briefing, Tomasz found these amazing setups that we thought you’d find interesting.
Indices continue the reversal initiated in the last week.
SP500 broke a crucial horizontal support on the 4150 points.
Nasdaq bounced off of the 50% Fibonacci and is aiming the 38,2%.
DAX escaped from the symmetric triangle pattern and is aiming crucial resistance on the 14850 points.
USDJPY tries to escape from the symmetric triangle as well.
USDCAD continues the drop influenced by the giant Head and Shoulders pattern.
GBPCAD tries to break the lower line of the flag in order to start a new sell signal.
GBPAUD is doing pretty much the same thing but breaking the horizontal support.
AUDCHF comes back inside of the rectangle. A false bearish breakout can be a good buy signal.
GBPJPY tries to end the correction and is putting heavy pressure on resistances.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.