{"id":216557,"date":"2020-11-17T10:16:04","date_gmt":"2020-11-17T10:16:04","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=216557"},"modified":"2020-11-17T10:18:11","modified_gmt":"2020-11-17T10:18:11","slug":"top-8-pairs-for-me-this-week","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/top-8-pairs-for-me-this-week\/","title":{"rendered":"Top 8 pairs for me this week…………."},"content":{"rendered":"

Whats up or down tonight ?<\/p>\n

I had a look at my charts and I have 8 pairs this week that meets my criteria with Earth and Sky trading zones to keep an eye on.<\/p>\n

So lets get straight to it….. O before we do……one I said to keep an eye on last week triggered nicely.<\/p>\n

The GBP\/NZD<\/strong> had an original zone between the 1.9412 and 1.9509 area…..price came into the zone and found resistance at the 55 EMA in the zone……and then gave confirmation for the short where after price dropped to the low we had at 1.9219 as first target and then the WS2 pivot as second target.<\/p>\n

After the new lows we had to follow price with our fib to get the adjusted short zone ( Not shown in this picture – new short zone)\u00a0<\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

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

\"\"<\/p>\n

Let’s have a look at WHATS COOKING IN THE FOREX KITCHEN<\/strong><\/p>\n

 <\/p>\n

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

1) 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 225 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 between 1.7281 and 1.7399 with areas to keep an eye on 1.7281 and 1.7337 and 1.7399 areas again for possible shorts.<\/p>\n

Counter longs from the WS1 pivot at 1.7044 areas.<\/p>\n

Notes: If we break the short zone to the upside for some reason then re look at plan B for a short to set up between 1.7516 and 1.7595 areas.<\/p>\n

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

2) GBP\/CAD on the 4 hour chart:<\/strong> Direction Indicator: <\/strong><\/p>\n

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 178 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<\/strong><\/p>\n

Currently I have a long zone between 1.7192 and 1.7108 with areas to keep an eye on 1.7192 and 1.7152 and 1.7120 for longs to set up from…..<\/p>\n

Counter shorts from the WR 1 pivot at 1.7457 resistance areas.<\/p>\n

Notes: Keep an eye on the 4 hour 200 EMA at 1.7171 to give support.<\/p>\n

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

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

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 212 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<\/strong><\/p>\n

Currently I have a long zone between 138.02 and 136.88 with areas to keep an eye on 138.02 and 137.48 and 136.90 for longs to set up from…..<\/p>\n

Counter shorts from the WR1 pivot at 140.34 resistance areas.<\/p>\n

Notes: Keep an eye on the 4 hour 55 EMAS at 137.69 and the 200 EMA at 136.90 to give support and for a long to set up from.<\/p>\n

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

4) GBP\/NZD on the 4 hour chart:<\/strong> Direction Indicator: <\/strong><\/p>\n

The direction indicator is SHORT on the 4 hour AND THE daily chart and we closed min 100 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 1.9289 and 1.9387 with areas to keep an eye on 1.9289 and 1.9335 and 1.9387 for shorts to set up from…..<\/p>\n

Counter longs from the WS1 pivot at 1.9087 areas.<\/p>\n

Notes: 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

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

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

Direction Indicator: The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 92 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<\/strong><\/p>\n

Currently I have a long zone between 76.08 and 75.57 with areas to keep an eye on 76.08 and 75.84 and 75.57 for longs to set up from…..<\/p>\n

Counter shorts from the \u00a0WR1 pivot at 77.06 areas.<\/p>\n

Notes: If we break the long zone for some reason to the downside then keep your eyes on the plan B area between the 75.39 and 75.07 support area for longs to set up again from.<\/p>\n

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

6) NZD\/USD on the 4 hour chart:<\/strong> Direction Indicator: <\/strong><\/p>\n

The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 60 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<\/strong><\/p>\n

Currently I have a long zone between 0.6848 and 0.6816 with areas to keep an eye on 0.6848 and 0.6833 and 0.6816 for longs to set up from…..<\/p>\n

Counter shorts from the WR1 pivot at 0.6913 and \u00a0the WR2 pivot at 1.6979 areas.<\/p>\n

Notes: If we make new higher highs without any correction follow price with your fib to get the adjusted long zone for the week.<\/p>\n

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

7) NZDCAD on the 4 hour chart:<\/strong><\/p>\n

Direction Indicator: The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 143 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<\/strong><\/p>\n

Currently I have a long zone between 0.8930 and 0.8879 with areas to keep an eye on 0.8930 and 0.8906 and 0.8879 for longs to set up from…..<\/p>\n

Counter shorts from the WR1 pivot at 0.9071 and the WR2 pivot at 0.9151 areas.<\/p>\n

Notes: If we make new higher highs without any correction follow price with your fib to get the adjusted long zone for the week.<\/p>\n

\"\"<\/p>\n

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

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

Direction Indicator: The direction indicator is LONG on the 4 hour AND THE daily chart and we closed plus 150 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<\/strong><\/p>\n

Currently I have a long zone between 71.40 and 70.70 with areas to keep an eye on 71.40 and 71.05 and 70.70 for longs to set up from…..<\/p>\n

Counter shorts from the WR1 pivot at 72.93 areas.<\/p>\n

Notes: If we break the long zone for some reason to the downside then keep your eyes on the plan B area between the 70.45 and 70.00 support area for possible longs to set up from again.<\/p>\n

\"\"<\/p>\n

Happy trading….<\/p>\n

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

Whats up or down tonight ? I had a look at my charts and I have 8 pairs this week that meets my criteria with Earth and Sky trading zones to keep an eye on. So lets get straight to it….. O before we do……one I said to keep an eye on last week triggered […]<\/p>\n","protected":false},"author":35,"featured_media":216457,"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_lock_modified_date":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-216557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-articles"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216557"}],"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=216557"}],"version-history":[{"count":0,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/216557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/216457"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=216557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=216557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=216557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}