good opportunity to buy whe break coming resistance or fib level
NZ has dropped rates as expected. Great British Pound has been strong last couple of weeks against the NZD so would expect it to continue to be, even more so. GBP has Fundamental score of 5 NZ has score of -1 GBP has just had Inflation data yesterday pointing higher so BOE less likely to cut rates so investors park their their money there. GBP Core Inflation YoY 3.6% (Previous 3.2%) – Bullish – 85/100 GBP Inflation Rate YoY 2.8% (Previous 2.5%) – Bullish – 80/100 BoE Rate Cuts Less Likely – Bullish – 85/100 GBP Strength Expected in Short Term – Bullish – 75/100 140 Pip Target Still has 440 pips to run to reach max over extension from Sentiment of Traders Targets. Leaning more now days to averaging in if price does push down. Has broken Trigger line and making a Re test Reversal now with nice Pinbar below signifying Bulk Buy orders. Have a Nice Day : )
Just based on simple TA, I foresee this pair moving in a similar direction as displayed on the chart. Let's see accurate I am at future forecasting this pair. That's it - That's all Trade Safe.
AUS200 is now Net-short on the regression break. It is sitting near the upper bounds and maybe worth considering.
- Microsoft reversed from strong support level 405.00 - Likely to rise to resistance level 417.80 Microsoft recently reversed up from the support zone between the multi-month support level 405.00 (which has been reversing the price from September) and the lower daily Bollinger band. The upward reversal from this support zone stopped the C-wave of the active ABC correction (2) from the start of December. Given the strength of the support level 405.00, Microsoft can be expected to rise to the next resistance level 417.80 (which reversed the price at the start of February).
Base Case: If BTC maintains current levels, we see a repeat of the 2021 cycle top, following a Wyckoff distribution pattern. In this scenario, we estimate that we are about halfway through the topping process, historically signaling a major altcoin rotation. Similar past setups saw ETH appreciate 2-3x, while other large and small caps rallied 2-4x. This has been our thesis since early 2024, and we see no reason to deviate from it at the current moment.
- Ebay reversed from the support area - Likely to rise to resistance level 70.00 Ebay recently reversed up from the support area between the key support level 67.45 (which has been reversing the price from January), lower daily Bollinger band and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal from this support area continues the active minor impulse wave 3, which is a part of the sharp C-wave from last October. Given the clear daily uptrend, Ebay can be expected to rise to the next round resistance level 70.00 (which reversed the price earlier this month).
Comstock Resources, Inc. (CRK) is an energy company specializing in natural gas exploration and production. Focused primarily on the Haynesville Shale, Comstock plays a key role in supplying the growing demand for natural gas in the U.S. and beyond. With the increasing push for cleaner energy solutions and rising global demand for liquefied natural gas (LNG), the company continues to expand production and optimize operations to stay competitive in the energy sector. The stock chart recently showed a confirmation bar with increasing volume, moving into the momentum zone, which happens when the price moves above the 0.236 Fibonacci level. This signals strong investor confidence and potential for further gains as buyers step in. Using a trailing stop helps traders manage risk while maximizing potential profits. By setting a trailing stop based on Fibonacci levels, traders can stay in the trade as long as the stock continues trending upward while securing a future exit if momentum weakens. This strategy ensures gains are protected while still allowing room for continued upside
? Market Overview: Trend: Strong bullish momentum, but facing short-term resistance. Key Levels: Resistance: $1,062.50 (Supertrend level), $1,080. Support: $1,029.00, $1,007.00 (EMA 200). Indicators: MACD: Weakening bullish momentum—potential for a short-term pullback. RSI: 56.11, showing slight overbought conditions but still in neutral territory. Supertrend: Bullish, but the trend is flattening. ? Scalping Strategy: ? 1. Momentum Scalping Buy near: $1,040.00, targeting $1,060.00. Sell near: $1,062.50, targeting $1,030.00. Stop-loss: Below $1,028.00. ? 2. EMA Pullback Scalping Buy near: $1,029.00 (Supertrend support), targeting $1,050.00. Sell near: $1,062.50, targeting $1,035.00. Stop-loss: Below $1,020.00. ? 3. Breakout Scalping If $1,062.50 breaks, enter long toward $1,080. If $1,029.00 fails, short toward $1,000. ? Mid-Term Trend Forecast (1-3 Weeks): If price holds above $1,029.00, expect continuation toward $1,080+. If it fails, a retracement to $1,000 is likely. The trend remains bullish, but consolidation is expected. ? News & Market Context: NFLX continues its uptrend, but momentum is slowing. No major catalysts—price action is technical. ? Decision: ? Short-term: Scalping within the $1,029–$1,062 range is ideal. ? Mid-term: Wait for a breakout confirmation. ? Ideal Play: Trade within the range while watching for breakout potential. ? Final Verdict: A strong trend does not mean a free ride—resistance is the test of conviction. Trade with precision or watch from the sidelines. ? LucanInvestor’s Statement: "Markets reward those who act with certainty. Hesitation is the graveyard of opportunity."
Using Wyckoff methodology, we are in phase C, one last tap into areas of liquidity is made before the markdown. Smart momey is slowly selling the market, taking short positions.