Charts247TradingAcademy

09:25

Charts247TradingAcademy Updated 

The Daily Chart: the last action is a LL, the price has retraced into the SELL-ZONE with strong momentum. 4HR has printed a Strong Top weak bottom candle which is a very strong bearish signal. 5Mins Setup a potential structural Failure (Trend Changing Pattern) below 0.8567. Stop Loss is the High of Today 0.8582 Target 0.8505

12:30

Charts247TradingAcademy Updated 

The GBPUSD came below our Weekly Analysis Sell point on Tuesday. Price gave us an opportunity to sell into the decline yesterday evening. Today, the price traded the 76.4% retracement of the daily last action, this area represents the last chance participation zone for the buyers . We have seen a long reversal signal on the 5mins which could lead to a stronger...

Charts247TradingAcademy Updated 

The daily trend is down, the price has printed a daily Momentum low of 108.72. A new wave structure has started on the daily chart. The 1hr chart broke down the ascending trendline of the current secondary trend(Correction). The simple approach is to measure the High to low of the trendline interruption, looking for a sell at the retest of the 109.85 which is...

05:28

Charts247TradingAcademy

After the downside pressure that we witnessed early on after the market open, the price has made a reversal back above the 1DL,2DL, and 3DL. This is a significant move, and the final confirmation is price trading above the previous momentum low (0.7336) created this morning during the Tokyo session. This is a low-risk trade and if the price remains above the...

18:20

Charts247TradingAcademy

In this week analysis, I looked at the index and we have the following weekly ranking: Dollar Index: Negative Euro Index: Positive Australian: Neutral Canadian Negative British Pound: Positive Japanese yen: Positive Swiss: Negative This analysis allows us to have the following pairings: BUY PAIRS: EURUSD, EURCAD, GBPUSD, GBPCAD, NZDUSD, GBPCHF SELL PAIRS:...

06:26

Charts247TradingAcademy

The AUDUSD has traded below the Daily Structure of 0.7340 after several intraday attempts to stay above this price point. Another factor that will contribute to this bias is a break below 1DL of 0.7332. We look to target the next structural point of 0.7289, the strong line 110% of the Fibonacci extension. Alternatively, a break back above the 0.7348 will...

11:46

Charts247TradingAcademy

This is for education purposes only. Key Aspect: 1. indecision 2. directional decision 3. confirmation 4. At a location

06:54

Charts247TradingAcademy Updated 

We have seen Two completed trend changing patterns in this pair. The last bullish move that happened on the 4HRS Chart has resulted in a downtrend; series of LH'S & LL'S. The rally that is currently going on is an opportunity to sell if price stops at the 61.8% retracement area and also fail to break above 124.44. If we manage to get a sell out of the EURJPY,...

05:17

Charts247TradingAcademy

The pound is still bullish and the trend is still up, knowing this fact we want to buy the dips and stand aside when price is at the high. look for a correction to the key fibonacci levels and buy in to the impulse to the upside. 1.3484 is the key Level we want to see price above before we can become bearish. Trade with care. Remember the market will not take...

15:19

Charts247TradingAcademy

This week analysis is the continuation of the last week analysis because the pairing in the idexes did not change. CURRENCY PAIRINGS BUY PAIRS EURUSD GBPUSD NZDUSD AUDUSD EURJPY GBPJPY AUDJPY CADJPY SELL PAIRS USDCHF USDCAD Note: Trading is execution, in order to trade successfully, you must learn to execute your trades flawlessly and do it over and over again.

09:51

Charts247TradingAcademy

In this short video, I explained how you can read the price using structural points to determine whether you want to be a buyer or a seller. Key Points: ---------PRICE BEHAVIOUR---------- S-STR = Short Structure / A sell decision-making point L-STR = Long Structure / A buy decision-making point Downtrend: Series of LH & LL Uptrend: Series of HL & HH

13:39

Charts247TradingAcademy

This is the weekly analysis of the Major Index Pairing. We pair the currencies based on their individual strength and weaknesses. @DXY: Dollar Currency Index WAVESOFSUCCESS ANALYSIS TREND: DOWNTREND PHASE: TREND CYCLE B WAVE: WAVE 2 COMPLETED VERDICT: NEGATIVE ---------------------------- @EXY: Euro Currency Index WAVESOFSUCCESS ANALYSIS TREND: UPTREND PHASE:...

05:10

Charts247TradingAcademy Updated 

The PoundDollar is resuming its uptrend after a correction. The price has behaved as expected stopping at the 50% retracement. 15 Mins Price Behaviour: Consolidation and Breakout at 50% retracement level. We have seen the first impulse and a pause. This pause is an opportunity to Buy into the uptrend. Stop Loss is still recommended to be the Low of Yesterday. We...

Charts247TradingAcademy Updated 

Market Phase: The current situation in the cable is still Up-Trend Last Action: The last significant move in the gbpusd is a Higher High created above the previous Higher high . The truth about the trending market: - A trend will continue in the same direction for as long as possible - A trend will not change easily - A move in the opposite direction of the...

14:51

Charts247TradingAcademy

This is the weekly analysis of the Major Indexes. From this analysis, we can form a high probability pairing of the currency pairs we should be trading.

02:45

Charts247TradingAcademy

A quick look at a few interesting pairs we are watching.

07:52

Charts247TradingAcademy

A quick look at the pairs that have a high probability of moving.

05:06

Charts247TradingAcademy

A quick look at the intraday pairs for this morning London session 12 October 2020.