Hi everyone.
Looking at my charts this evening, I found the following pairs to keep an eye on………..
Take note as some of them are correlated so dont overextend your account by overtrading.
The bull pairs are………….
1) Euro/JPY on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 162 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 155.44 and 154.71
Areas to keep an eye on for support : 155.44 and 155.00 and 154.71
Target: WR1 at 157.65 and WR2 at 158.73
Counter shorts from the WR1 at 157.65 and WR2 at 158.73
Target: WPV at 155.85
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 153.98
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2) Euro/Aussie on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 412 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 1.6130 and 1.6013
Areas to keep an eye on for support : 1.6130 and 1.6072 and 1.6013
Target: WR1 at 1.6472 and WR2 at 1.6626
Counter shorts from the WR1 at 1.6472 and WR2 at 1.6626
Target: WPV at 1.6184
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 1.5896 and the 200 EMA at 1.5853 area.
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3) Euro/NZD on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 185 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 1.7674 and 1.7604
Areas to keep an eye on for support : 1.7674 and 1.7639 and 1.7604
Target: WR1 at 1.7850 and WR2 at 1.7969
Counter shorts from the WR1 at 1.7850 and WR2 at 1.7969
Target: WPV at 1.7693
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 1.7535 and if that breaks at the 200 EMA at 1.7452 area.
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4) GBP/Aussie on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 401 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 1.8857 and 1.8736
Areas to keep an eye on for support : 1.8857 and 1.8796 and 1.8736
Target: WR1 at 1.9215 and WR2 at 1.9385
Counter shorts from the WR1 at 1.9215 and WR2 at 1.9385
Target: WPV at 1.8926
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 1.8614
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5) GBP/NZD on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 124 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 2.0646 and 2.0570
Areas to keep an eye on for support : 2.0646 and 2.0608 and 2.0570
Target: WR1 at 2.0831 and WR2 at 2.0966
Counter shorts from the WR1 at 2.0831 and WR2 at 2.0966
Target: WPV at 2.0664
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 2.0494 and even as low as the 4 hour 200 EMA at 2.0404 area.
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6) Dollar/JPY on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 200 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 142.55 and 141.89
Areas to keep an eye on for support : 142.55 and 142.22 and 141.89
Target: WR1 at 144.66 and WR2 at 145.59
Counter shorts from the WR1 at 144.66 and WR2 at 145.59
Target: WPV at 142.93
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 141.24.
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7) Dollar/SGD on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 147 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 1.3451 and 1.3407
Areas to keep an eye on for support : 1.3451 and 1.3429 and 1.3407
Target: WR1 at 1.3577 and WR2 at 1.3638
Counter shorts from the WR1 at 1.3577 and WR2 at 1.3638
Target: WPV at 1.3470
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at and daily 200 EMA at 1.3362.
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8) CAD/JPY on the 4 hour:
The direction indicator is LONG on the 4 hour and LONG on the DAILY CHART and we closed PLUS 174 pips higher than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a long zone between 107.86 and 107.19
Areas to keep an eye on for support : 107.86 and 107.53 and 107.19
Target: WR1 at 109.89 and WR2 at 110.76
Counter shorts from the WR1 at 109.89 and WR2 at 110.76
Target: WPV at 108.22
Notes:
If price makes a HIGHER HIGHS without the correction we wanted….follow price with the fib to get the adjusted LONG zone for the week.
If we break the 75% fib to the downside for some reason then re look for support at last weeks low at 106.51
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The bear pairs are………….
1) NZD/CAD the 4 hour:
The direction indicator is SHORT on the 4 hour and SHORT on the DAILY CHART and we closed MIN 121 pips LOWER than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a short zone between 0.8153 and 0.8190
Areas to keep an eye on for resistance: 0.8153 and 0.8171 and 0.8190
Target: WS1 at 0.8041 and WS2 at 0.7987
Counter shorts from the WS1 at 0.8041 and WS2 at 0.7987
Target: WPV at 0.8134
Notes:
If price makes a LOWER LOWS without the correction we wanted….follow price with the fib to get the adjusted SHORT zone for the week.
If we break the 75% fib to the upside for some reason then re look for resistance at last weeks high at and 4 hour 200 EMA at 0.8227
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2) Aussie/CAD the 4 hour:
The direction indicator is SHORT on the 4 hour and SHORT on the DAILY CHART and we closed MIN 267 pips LOWER than last week’s opening – so we DID meet ALL of the requirements to fib the 4-hour chart for this week’s Earth and Sky trading zone.
Currently I have a short zone between 0.8925 and 0.9002
Areas to keep an eye on for resistance: 0.8925 and 0.8964 and 0.9002
Target: WS1 at 0.8703 and WS2 at 0.8608
Counter shorts from the WS1 at 0.8703 and WS2 at 0.8608
Target: WPV at 0.8891
Notes:
If price makes a LOWER LOWS without the correction we wanted….follow price with the fib to get the adjusted SHORT zone for the week.
If we break the 75% fib to the upside for some reason then re look for resistance at the daily 200 EMA at 0.9049 and last weeks high at at 0.9079
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Regards
Pierre
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