NicoBeau_Capital

NicoBeau_Capital

EURUSD has been moving in an approximate range of 1.0500 ~ 1.0600 after reaching a new yearly low at 1.0500 level. During this week, we expect a momentum which will cause a breakout and ultimately determine the direction of this pair.

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Previous SHIBUSDT Chart Update: Ever since Shiba Inu coin made a new high back in 2021 November, the price movement has shifted to a long-term bearish market. As we previously forecasted in our SHIBUSDT analysis, the price has broken down from its descending triangle pattern. This suggests that the bearish trend is still very valid. We expect the price to drop...

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Previous BTCUSD Chart Update: Since early 2021, Bitcoin has been moving in an approximate range of $30000 ~ $66000. The price movement has been divided into clear bullish and bearish segments. In each segment, we can identify continuous chart patterns supporting each movement.  Currently, the price is moving within a bearish segment. As we previously...

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Since 2016, GBPCAD has been moving in a wide horizontal channel. Recently, GBPCAD has reached the bottom of the range at the level of 1.5900. We can clearly see that many reversals have occurred from this level. Observing the weekly chart, reversals have all occurred through forming clear bullish candlestick patterns. Therefore, we are currently waiting to see a...

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Previous US100 Chart Update: Last week, US100 has made a new lower low in the $12550 level. This provides a great opportunity to sell at every retracement. US Dollar Index has just made a new high since 2004. This further confirms that a bearish reversal for DXY is unlikely to take place in the near future. Therefore, we will be looking for potential sell...

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US Dollar Index is bullish. Recently, it has arrived at a new high since 2004. Therefore, we need to carefully watch the current price action to see whether the price will close above the resistance level at the end of this week. If the price clearly closes above, then we expect further bullish continuation for DXY. This could lead to a prolonged bearish movement...

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Tesla has been moving in a wide descending channel since late 2021. We can clearly spot that prices have been making lower highs and lower lows. The price is currently moving within a short-term bearish structure after a rejection by the trend line. Last week, we can observe that price has completed its retracement and was rejected at the previous support level....

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EURUSD has been moving in an extraordinary bearish. Currently, all long-duration indicators are residing in the oversold area. In 4-hour chart, we can see the price forming a double bottom, with a strong bullish candle sending the price near the neckline area. If the price breaks above the neckline area and begins to make higher highs, then EURUSD could begin its...

NicoBeau_Capital Updated 

On the daily chart , we can clearly spot a possible formation of an inverse head and shoulder pattern. As we can see back in 2021 October, an exact pattern was formed, eventually resulting in a breakout followed by a persistent bull market. Therefore, a similar scenario could happen again soon, hinting a beginning of a bull market. Currently, we are carefully...

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US30 has recently created a new lower low at $32500 level. The price has retraced to retest the previous support level of $33200 and then broke down from the consolidation. This gives us a great sell opportunity to target the recent low of $32500. We are currently looking for a mini pullback first before entering a sell position. US session today should give...

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The price of City Office REIT, Inc. (CIO) has broken the neckline of its head and shoulder pattern. Therefore, this confirms the beginning of a bearish trend and our plan is to enter sell positions from a pullback. Our sell setup is very simple: Sell limit orders are placed in the neckline area of $16.10. SL is set right above the third shoulder of the H&S...

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Amgen Inc. has been trending up since December last year. We can observe that price has recently reached a higher high at the resistance level of 258.00. Therefore, we are only looking for buy entries for this stock. 258.00 is a very strong resistance level; we can see from the past that prices have rejected more than 9 times from this level. After rejections,...

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AUDUSD has been moving in a wide horizontal range since 2021 autumn. The price has recently dropped from the resistance level of 0.7600 and is approaching to a support area of 0.7000. From 0.7000 level, we can observe that prices have many times bounced up by forming three strong daily bullish candles, immediately breaking and retesting the next resistance level...

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Stellar Lumens has been moving in a bearish trend since the summer of 2021, creating lower lows after periods of consolidation. Currently, the price is channeling in a horizontal range after breaking down from a descending triangle pattern early in 2022. The price now has once again arrived at the support level. For a bearish continuation, price needs to clearly...

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AIG has been moving in a long-term uptrend since its recovery from the pandemic's economic shock back in 2020. The price has recently made a new higher high, which confirms that the uptrend is still very valid. The price has then retraced back to the long-term uptrend line. We could see that this uptrend line has been respected many times in the past and prices...

NicoBeau_Capital Updated 

OMiseGo price has been moving in a range for more than two weeks since April 11th, channeling from 4.20 ~ 4.90. This is a good movement because the longer the ranging channel, the more reliable the breakout. Therefore, our task now is to wait until the price breaks out of the range. After a breakout, we will then enter appropriate entries to chase the trend. An...

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Previous US30 Chart Update: Two weeks ago, US30 has broken the neckline of its double top pattern, falling to a support level of 33400. As we anticipated, price retraced back to retest the neckline area and then continued its bearish trend down to 33200 level. Last Friday, price has made a new recent low of 32950 level, which illsutrates that the bearish trend is...

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Since early 2022, AMD has entered into a bearish phase, consistently making lower lows. This gives us high probabilily swing trade opportunities because this stock has persistent trend. Our plan is very simple; we will simply wait for a pullback because we can clearly spot that AMD follows a well-defined pullback structure . It is important not to pick tops and...