{"id":216494,"date":"2020-11-03T10:23:26","date_gmt":"2020-11-03T10:23:26","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=216494"},"modified":"2024-05-24T18:13:16","modified_gmt":"2024-05-24T17:13:16","slug":"earth-sky-zones-lets-do-this","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/earth-sky-zones-lets-do-this\/","title":{"rendered":"Earth & Sky Zones – Lets Do This…."},"content":{"rendered":"

\"\"<\/p>\n

Hi everyone<\/p>\n

As Marc has mentioned in his blog post yesterday…..we have loads and loads of red flag news this week so take care and try and tiptoe around it.<\/p>\n

I had a look at my charts and hopefully, by now you know that I am looking for the pairs where the 4 hour and daily direction points into the same direction and that the opening or closing of the previous weeks meets the requirements too.<\/p>\n

Some of the pairs have nice clean zone so keep an eye on them.<\/p>\n

 <\/p>\n

……………………………………………………………………..<\/strong><\/p>\n

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Lets have a look at WHATS COOKING IN THE FOREX KITCHEN……..<\/strong><\/p>\n

……………………………………………………………………..<\/strong><\/p>\n

1) Euro\/JPY on the 4 hour chart:<\/strong><\/p>\n

Direction Indicator: The direction indicator is SHORT on the 4 hour AND THE daily chart and we closed min 216 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. \u00a0\u00a0<\/strong><\/p>\n

Currently I have a long short between 122.90 and 123.55 with areas to keep an eye on 122.90 and 123.21 and 123.55 areas again for possible shorts.<\/p>\n

Counter longs from the 120.94 areas.<\/p>\n

Notes:<\/p>\n

If we make new lower lows without any correction follow price with your fib to get the adjusted short zone for the week.<\/p>\n

\"\"<\/p>\n

……………………………………………………………………..<\/strong><\/p>\n

2) Euro\/NZD on the 4 hour chart:<\/strong><\/p>\n

Direction Indicator: The direction indicator is SHORT on the 4 hour AND THE daily chart and we closed min 120 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. \u00a0\u00a0<\/strong><\/p>\n

Currently I have a short zone between 1.7631 and 1.7685 with areas to keep an eye on 1.7631 and 1.7657 and 1.7685 resistance areas again for possible shorts.<\/p>\n

Counter longs from the 1.7500 and 1.7400 support areas.<\/p>\n

Notes:<\/p>\n

If we make new lower lows without any correction follow price with your fib to get the adjusted short zone for the week<\/p>\n

\"\"<\/p>\n

……………………………………………………………………..<\/strong><\/p>\n

3) GBP\/JPY on the 4 hour chart:<\/strong><\/p>\n

Direction Indicator: The direction indicator is SHORT on the 4 hour AND THE daily chart and we closed min 120 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<\/strong><\/p>\n

Currently I have a short zone between 135.73 and 136.39 with areas to keep an eye on 135.73 and 136.00 and 136.39 for shorts to set up from…..<\/p>\n

Counter longs from the 134.00 and 133.00 support areas.<\/p>\n

Notes:<\/p>\n

If we make new lower lows without any correction follow price with your fib to get the adjusted short zone for the week<\/p>\n

\"\"<\/p>\n

……………………………………………………………………..<\/strong><\/p>\n

4) Aussie\/JPY on the 4 hour chart:<\/strong><\/p>\n

Direction Indicator: The direction indicator is SHORT on the 4 hour AND THE daily chart and we closed min 114 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<\/strong><\/p>\n

Currently I have a short zone between 74.04 and 74.49 with areas to keep an eye on 74.00 and 74.25 and 74.49 for shorts to set up from…..<\/p>\n

Counter longs from the 72.81 and 72.00 support areas.<\/p>\n

Notes:<\/p>\n

If we make new lower lows without any correction follow price with your fib to get the adjusted short zone for the week<\/p>\n

\"\"<\/p>\n

……………………………………………………………………..<\/strong><\/p>\n

5) NZD\/JPY on the 4 hour chart:<\/strong><\/p>\n

Direction Indicator: The direction indicator is SHORT on the 4 hour AND THE daily chart and we closed min 76 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<\/strong><\/p>\n

Currently, I have a short zone between 69.57 and 69.92with areas to keep an eye on 69.57 and 69.74 and 69.92 for shorts to set up from…..<\/p>\n

Counter longs from the 68.62 and 68.00 support areas.<\/p>\n

Notes:<\/p>\n

If we make new lower lows without any correction follow price with your fib to get the<\/p>\n

\"\"<\/p>\n

 <\/p>\n

Some pairs to keep an eye on at key support and resistance areas<\/strong><\/p>\n

1) USD\/JPY currently hitting the WR1 pivot at 0.9215 so possible shorts can be on the cards back down to 0.9127 area.<\/p>\n

2) Aussie\/Dollar might pull back to the 4 hour 55 EMA at 0.7076 area where it can find resistance for a short…if it pops BIG resistance at 0.7122 to keep an eye on to short from.<\/p>\n

3) Euro\/Aussie currently hitting loads of EMA`S where we have 200 EMA`s at 1.6497 and 1.6485 that can give support to go long from again if it holds as support.<\/p>\n

4) Euro\/CAD hitting the WS2 pivot at 1.5393 area so look out for possible longs to set up from again. I will re-look to short if we hit all the EMA`S at 1.5540 area again.<\/p>\n

5) Euro\/Dollar have loads of EMA`S at the 1.1730 area so this will be a key resistance area to look to short from again.<\/p>\n

……………………………………………………………………..\u00a0<\/strong><\/p>\n

Happy trading…<\/p>\n

Pierre<\/p>\n

If you would like to learn how to trade like a professional check out our 5* rated forex mentor program, RISK FREE; by clicking on the \u201cGet Started Today\u201d Button below<\/strong><\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hi everyone As Marc has mentioned in his blog post yesterday…..we have loads and loads of red flag news this week so take care and try and tiptoe around it. I had a look at my charts and hopefully, by now you know that I am looking for the pairs where the 4 hour and […]<\/p>\n","protected":false},"author":35,"featured_media":216001,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_focus_keyword":"","rank_math_description":"Explore Earth & Sky zones with detailed analysis of key forex pairs including Euro\/JPY, Euro\/NZD, GBP\/JPY, and more. Check it out!","rank_math_title":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-216494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=216494"}],"version-history":[{"count":1,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216494\/revisions"}],"predecessor-version":[{"id":219519,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216494\/revisions\/219519"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/216001"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=216494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=216494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=216494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}