Charts247TradingAcademy

Charts247TradingAcademy

The USDJPY has to retrace some of the impulse to the upside, we have seen wave structure 0,1,2 and 3, this is an ideal opportunity to enter short at wave structure 4 expecting Lower low 5. The price from ML 3 to 4 is a deep retracement of 76.4% of the last decline, knowing this we will target the T1(137.81) Stop Loss: 138.55. Enjoy!

13:32

Charts247TradingAcademy

The GBPUSD maintains a valid upward trend on the Daily chart, which demands our attention and respect. Despite the current significant decline, it is technically considered a pullback as no critical structure has been breached. However, it is worth noting that the 5-minute intraday chart has dipped below a sell point, indicating a potential reversal. The...

19:42

Charts247TradingAcademy

We have observed a significant development on the daily chart known as a Structural Failure, indicating a potential shift in the trend. The price experienced a notable pullback beginning on Friday, and today, analyzing the daily candles using the 4Bar rule, we have noticed a stronger downward conviction on the 5-minute chart. If the price remains below the 1DH...

07:29

Charts247TradingAcademy

A quick update on the CADJPY Buy trade, expectation is for higher prices into the Sell Zone. AUDUSD has rallied and this type of Rally is a BUY to SELL Setup. The Daily chart indicated that the long term sellers are now in the market and the move from Monday to the current area is a Pullback. Sell is the Call and we will use .6754 as the stop loss. Enjoy!

10:03

Charts247TradingAcademy

This morning we have a potential upside move in the EURUSD and the GBPUSD based on the intraday wave structure. However the USDJPY is currently showing signs of weakness above yesterday's high and a break back below the 1DH is a sell signal. Enjoy!

19:32

Charts247TradingAcademy

The CADJPY has been trading strongly since April 26th, 2023. There was a big increase on Friday and it continued today. However, based on our wavecount analysis, we believe that three wave structures have been completed and it's likely a good time to sell. We took a short position at 101.05, with a 10-pip risk and a target of the GM4A (100.64) of the fibo. Enjoy!

09:53

Charts247TradingAcademy

The GBPUSD according to the wavestructure count has a strong indication of a bullish trend in the short-medium term. we have seen a retracement overnight to the Buy-Zone of the Fibonacci, and Bullish-Wavestructure -Two is expected to kick in from here. Our risk for this trade is 1.2460 We have two Target areas: T1: 1.2520 T2: 1.2547 Enjoy!

10:43

Charts247TradingAcademy

This is a quick short term trade on the USDCAD, at open of the London session. The price was rejected at the Momentum high. Enjoy!

19:54

Charts247TradingAcademy

Couple of trades for this afternoon. Using the wavesofsuccess wave count methods. Enjoy!

19:28

Charts247TradingAcademy

This morning I took a short in the USDCHF, mainly because the pullback did not give us a trend changing pattern information. More details in the video. Enjoy!

20:00

Charts247TradingAcademy Updated 

Analysing the current trend and wave count in the short term in the EURUSD and the CADJPY. The pairs have both made a significant decline in the past 24Hrs and based on the wave structures count, I believe these pairs are ready to correct upwards in the short term. Enjoy!

16:51

Charts247TradingAcademy

A simple waves of success approach to wave count. The Idea is to let the market show you its hand, so that you can trade in harmony with the market. Enjoy!

05:12

Charts247TradingAcademy

The GBPUSD has shown a sign of weakness at the 1DH and a break below yesterdays london session high will speed up the decline. Look to target 1.2178 with a small risk of 1.2344. Trade safe! Enjoy.

19:03

Charts247TradingAcademy

Hi Traders, this is my take on the Major indexes before the Feds rate news this evening. Trade safe and stay blessed. Enjoy

17:49

Charts247TradingAcademy

Earlier today we saw a trend changing pattern in EURUSD. In light of this move, we are expecting another attempt to break lower. More info in the video. Enjoy

09:34

Charts247TradingAcademy

Another short entry from price structure 4 to T1 (ML-5) Enjoy!

11:50

Charts247TradingAcademy

A quick Long trade execution in the CADJPY following the waves of success methodology. A potential downtrend failed to materialise in the CADJPY, the price then broke higher, we waited for a discount in price/ a retracement. Then we took the long trade. Enjoy!

18:49

Charts247TradingAcademy

USDCAD We anticipate a bearish action, expect the price to approach the (1DL) if it breaks below the low of the Tokyo session. GBPUSD: With strong volume and momentum driving the price higher, we recommend looking for opportunities to buy on pullbacks until we see a structural failure. Any sell-off without a structural failure is a potential buying...