In today’s Traders Edge Market Briefing, Tomasz has found these amazing setups that we thought you’d find interesting.
Gold continues rising and has broken the 1875 USD/oz, with that the breakout from the symmetric triangle is legitimate and so is the long-term buy signal.
Platinum is in line with Gold, it escaped from the mid-term sideways trend. The buy signal is on.
On the other hand, Oil dropped and broke the neckline of the Head and Shoulders pattern (red).
Indices are not volatile today; we’re heading towards the calm end of rather a crazy week.
We see an interesting situation on the NZDUSD, which is coming back above the 38,2% Fibonacci. That can be an amazing buy signal as it’s coming from a false breakout.
The EURGBP reversed again and is aiming for a long-term crucial support. Maybe this time bears will be successful.
The GBPJPY is creating a shooting star after the bullish breakout, which may indicate that it was a false one.
For a look at all of today’s economic events, check out oureconomic calendar.
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.