FibsNProfits

FibsNProfits Updated 

Probably one of my favorite pairs to trade because of the clean schematics it presents. We confirmed last week a re-accumulation by breaking the 135.600 area. I was waiting for price near the 133.800 area for evidence of buyers accumulating orders to continue CHFJPY`s massive bullish move. During London PA, we saw that evidence and on LTF`s the presence of yet...

FibsNProfits Updated 

Give a look at NZDJPY & backtest the PA from todays NY session.

FibsNProfits Updated 

US Indices have been showing larger time frame distribution for months. Nasdaq has been leading the big 3 in terms of short sellers distributing orders to get back into 2020 Demand levels.

FibsNProfits Updated 

A distribution is starting to take shape. Fundamentals and now the technicals are starting to come into alignment. A break below the previous structure leg that created the Up Thrust, would signal the confirmation of Phase C of the schematic and give support to shorts.

FibsNProfits

We have seen a type 2 accumulation complete out of a previous area of demand. A clean LTF accumulation presented today. I will be looking for a buy out of the buy zone as a mitigation of the spring.

FibsNProfits Updated 

Looking for LTF accumulation in this area to take AUDUSD to higher prices.

FibsNProfits

SPX confirmed distribution. Will be looking for LTF distribution to tae short positions from here.

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NZDCAD has been showing bullish Price Action for the last 2 months. New High was made today. Will be patiently waiting for price to return to discounted areas for another run.......

FibsNProfits

Looking for price to show LTF confirmations for longs from the H4 POI on GBPAUD.

FibsNProfits Updated 

EURJPY broke daily structure earlier this month. It has confirmed for me on the H4/H1 TF that we are in re-accumulation. I'll be waiting for price to return to a discounted area before looking for lower time frame accumulation in my point of interest, My targets for EJ will be into the weekly imbalance areas.

FibsNProfits Updated 

USDCAD appears to be in a H4 TF accumulation schematic. The last two days have provided the opportunity for short term buys with a moderate risk to reward. I will be looking for confirmation on the type of schematic that USDCAD will continue to print. For the upcoming weeks, I would be looking for a pull back into a discount range for another round of short term...

FibsNProfits Updated 

NZDJPY has enter Phase C of a Wyckoff Distribution Schematic. Expecting continued shorts towards the middle of the trading range, followed by a mitigation/test of the UTAD that was created. From There I can see NJ continuing towards the bottom of the trading range.

FibsNProfits Updated 

Euro Swiss on the H1 Time Frame has been "consolidating" for over a week. The schematic is showing a clear attempt at distributing orders. Awaiting a UTAD (Up Thrust After Distribution) to capture liquidity resting above before shorting to mitigate the inefficient price action into the Daily candle.

FibsNProfits Updated 

AUDCAD had a very clean type 1 distribution schematic, which was anticipated from last weeks price action. Short positions have continued with a target into the 0.94600 level for proper mitigation.

FibsNProfits Updated 

AUDNZD is building a clean schematic thus far. Market has moved into Phase B of Accumulation and awaiting which scenario will play out.

FibsNProfits Updated 

EURCAD has two possible scenarios to play out. Will be waiting for confirmations to enter.

FibsNProfits Updated 

Nasdaq 100 distributing to take lower liquidity points and mitigate Inefficient Price Action.

FibsNProfits

Dollar/Swiss is still in a valid Accumulation (Wyckoff) on H4/Daily Time Frame. Looking for price to short into a demand zone that would test the spring.After a successful mitigation of the spring, anticipating price to continue through Phase D & E into the 0.9400 area.