EdwardNg

02:30

EdwardNg

Monthly chart, it is a strong downtrend. Weekly chart, it is a strong downtrend also but recently there are signs of retracement. Looking at the daily chart, it is somehow consolidating. The price seems to be going to consolidate between the triangle before deciding to go up or down. Happy trading.

05:04

EdwardNg

Monthly Chart is forming a upside down "U" to go down. Weekly chart is supported by weekly resistance. The support zone is very strong and it has been consolidating for the past few days. Buyer and seller are still undecided. I will recommend to be patient, observe the possible breakout whether is up or down. After the breakout, then decide whether to buy or...

03:19

EdwardNg

Monthly Chart is uptrend. Weekly Chart is uptrend also. Daily Chart shows some consolidation might happen or downtrend in short term after breaking the higher high last week. It will need to find some ground to build the foundation and momentum to go up higher. In hourly chart, the it might go down for the short term. So please look at the time frame that you...

EdwardNg

Monthly: Overall market is edging lower until it hits the monthly trend line. Short term the price seems to be rebounding. Weekly: After hitting the trend line, the price consolidate for two weeks and start to edge up last week. Daily: After waiting the price consolidation referring the daily and 4 hour chart, I went into a trade with risk:ration of...

EdwardNg

Monthly Chart: The price seems like acting within the triangle range. There is no breakout from this triangle so far. Weekly Chart: From the monthly triangle range, it seems like the price will be going up viewing from the weekly chart. Daily Chart: The price is forming the bottom and ready to go up. Seems like it, in my personal opinion. I might be...

EdwardNg

Monthly Chart: The price has hit the monthly resistance and then the price has been hammered. Weekly Chart: Price tried to reverse and go to higher high but unsuccessfully. Daily Chart: Resistance is strong and might hit a few more before going up, as uptrend is observed. 4 Hours Chart: Waiting for price confirmation that I am familiar with. There...

EdwardNg Updated 

Monthly Chart: Looking at the monthly chart, the price is seems to hit the up trend line. It is to observe the price action in smaller time scale. Weekly Chart: The price is hitting horizontal resistant trend line and moving up monthly trend line. Daily Chart: Observe that there are short term uptrend and changing of direction. Plan and set risk/reward...

EdwardNg

Monthly Chart The price has hit the resistance and seems like a wave of consolidation is on-going. Weekly Chart Weekly chart the price is undergoing a price correction. Daily Chart The price is moving down and consolidate. 4-Hours Chart Short term bullish is on-going. Conclusion, look at the chart, the price is moving within a price range. Overall...

EdwardNg

Monthly: Price is uptrend as an overall. It just broke its downtrend and long term bullish still valid. It seems short term will be bearish. Weekly: Weekly Chart shows that weekly bearish might be in progress. Monthly bullish and weekly bearish are fighting to take lead. Daily: The price broke the weekly uptrend channel and seems is bearish...

EdwardNg

Monthly: Bearish is progress. Weekly: Short term bullish as hitting the support zone. Daily: Price consolidation. 4-hour: Price is consolidating within a range. 1-hour: Short term bullish and bearish. When it bulls, sell as the overall trend is bearish. Keep the stop loss tight. Know what time frame are you trading. Know your stop loss and discipline.

EdwardNg

Monthly: Bullish in progress. Weekly: Bullish in progress. Short term might be bearish. Daily: Price consolidation in progress. The price is consolidating within the triangle range. 4-Hours: Bullish and bearish are fighting each other. 1-Hour: Price rebound within the triangle. Prepare to buy when there is a dip. Price consolidation seems to be...

EdwardNg

Monthly: Bull and uptrend still happening. Weekly: Price consolidation is in progress. Daily: Price uptrend in progress. Breakout just happen and retracted. Need to wait price hit the resistance and prepare to buy. 4-Hour: Price down for short term and consolidate. 1-Hour: Wait for the price to hit resistance and prepare for uptrend. Be careful...

EdwardNg

Monthly: Downtrend still valid. Weekly: Still downtrend. Price consolidation in progress. Daily: Price consolidation and downtrend still the major trend. Short term might be uptrend. 4-Hour: Short term uptrend might be as the price hit the resistance zone. 1-Hour: If the resistance zone still valid, the price might rebound for short term.

EdwardNg

Monthly: Bull or uptrend still valid. Weekly: Looks like the price is consolidating. Daily: The price is consolidating within the triangle. 4-Hours: The price is consolidating also. Means the seller and buyer are fighting to get the upper hand. 1-Hour: Short term down trend. 15-minute: Short term down trend to complete the triangle...

EdwardNg

Monthly: Bullish still is the strong trend. Weekly: Bullish still in strong trend. Hitting the resistance from previous price action. Consolidating in progress. Daily: Price action seems weak and the bull might rest. 4-Hour: While the bull rest, the price might go south in the short term. Consolidating within the triangle. 1-Hour: Short term...

EdwardNg

Monthly: Overall still bearish. Weekly: Bearish still valid. Daily: Looks like is hitting the support. 4-hour: Consolidating between a price zone for the past few weeks. 1-Hour: Maybe bullish as it is hitting the support of the previous price action. Identify the time frame that you are comfortable to trade and trade the time frame. Always look...

EdwardNg

Monthly Chart: Overall trend bias to bullish. Weekly Chart: Trend intact, still bullish. Daily Chart: Bullish seems losing its strength. 4-Hour Chart: Price action consolidating within this smaller triangle. 1-Hour Chart: Short term bearish, where price will fluctuating. Bull and bear are fighting to gain place. Lets see who win. If long term...

EdwardNg

Monthly Chart: Bullish in formation. Weekly Chart: Bullish in formation. Trendline touch. Prepare for buying. Wait for daily chart or 4 hour chart to confirm the bullish formation. However, there is strong monthly and weekly resistance at this level. Maybe will be price consolidation for weekly chart. Daily Chart: Personal opinion. It seems like the...