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.
Trading FX/CFDs on margin bears a high level of risk, and may not be suitable for all investors. Before deciding to trade FX/CFDs you should carefully consider your investment objectives, level of experience, and risk appetite. You can sustain significant loss.