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Inverse Head and Shoulders Everywhere Saving the Bulls from Losses

By:
Tomasz Wiśniewski
Published: Mar 26, 2021, 12:31 UTC

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

Inverse Head and Shoulders Everywhere Saving the Bulls from Losses

Silver defends crucial horizontal support with a hammer and possibly, inverse head and shoulders pattern.

Brent Oil also tries to create the iH&S formation. Buy signal after the breakout of the neckline.

Dow with V-shape reversal and the bullish breakout of the upper line of the flag. That is bullish.

DAX with a very similar situation. All-time highs are very close.

The USDCHF continues the surge after a beautiful iH&S pattern.

The GBPUSD is testing crucial resistance. A bounce would bring us a very strong sell signal.

The EURPLN is breaking a very strong horizontal resistance. That can be very bullish.

The NZDCHF bounces off a crucial horizontal support with an Inverse Head and Shoulders pattern. Price action at its finest!

For a look at all of today’s economic events, check out our economic calendar.

About the Author

During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.

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