Hi everyone

Looking at my charts then the following will be on my radar for the week ahead……

 

 

 

The Bull pairs for Earth and Sky this week 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 50 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 143.30 and 142.72

Areas to keep an eye on for support : 143.30 and 143.01 and 142.72

Target: WR1 at 144.67 and WR2 at 145.42

Counter shorts from the WR1 at 144.67 and WR2 at 145.42

Target: WPV at 143.41

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 and the 4 hour 200 EMA at 142.14

………………………………………………………

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 126 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 1.5601 and 1.5518

Areas to keep an eye on for support : 1.5601 and 1.5559 and 1.5518

Target: WR1 at 1.5771 and WR2 at 1.5863

Counter shorts from the WR1 at 1.5771 and WR2 at 1.5863

Target: WPV at 1.5603

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 for some reason then re look for support at last weeks low at 1.5434 area.

………………………………………………………

3) 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 91 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 1.9384 and 1.9297

Areas to keep an eye on for support : 1.9384 and 1.9341 and 1.9297

Target: WR1 at 1.9524 and WR2 at 1.9686

Counter shorts from the WR1 at 1.9524 and WR2 at 1.9686

Target: WPV at 1.9371

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 and the 4 hour 200 EMA at 1.9209

………………………………………………………

 

 

 

The Bear pair for Earth and Sky this week is: 

1. XAG/Dollar on the 4 hour:

The direction indicator is SHORT on the 4 hour and SHORT on the DAILY CHART and we closed MIN 95 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 21.29 and 21.65

Areas to keep an eye on for resistance: 21.29 and 21.47 and 21.65

Target: WS1 at 20.32 and WS2 at 19.90

Counter shorts from the WS1 at 20.32 and WS2 at 19.90

Target: WPV at 21.15

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 and 4 hour 200 EMA at 22.00 AND even higher ar 200 EMA and WR3 pivot at 22.40

Regards

Pierre