My top 7 Earth and Sky pairs for the week……..

by FMP Admin | Aug 18, 2020 | Forex Analysis

Hi everyone.

Last week we only had a couple of pairs with an Earth and Sky zone.

This week it looks better……

I have 7 pairs to keep an eye on and the zones look good.

The top pairs for me this week…….

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Here are a couple of examples of trades that Pierre is looking to trade this week, for those using his Earth & Sky forex trading strategy.

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2) Euro/JPY on the 4-hour chart:

Direction Indicator: The direction indicator is long on the 4-hour AND THE daily chart and we closed plus 144 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 125.53 and 124.92 with areas to keep an eye on 125.53 and 125.24 and 125.00 for longs to set up from…..

Counter shorts from the WR1 pivot at 127.00 and 127.19 areas.

Notes:

Price getting to the long zone area now.

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5) Aussie/JPY on the 4-hour chart:

Direction Indicator: The direction indicator is long on the 4-hour AND THE daily chart and we closed plus 68 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 76.19 and 75.94 with areas to keep an eye on 76.19 and 76.07 and 75.94 for longs to set up from…..

Counter shorts from the WR1 pivot at 76.87 areas.

Notes:

If we keep making new higher highs without the correction follow price with your fib to get the adjusted long zone for the week.

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Regards

Pierre

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