Since price rallied from 81.60 in June this year to the recent high in July, price has been in a consolidation phase.
We saw a false breakout above the 94.47 high in July before making a recent low of 89.07 in September. This is a typical expanding flat structure according to the wave patterns.
Price has too met the minimum expectation area of 123.6 to 161.8 fib expansion.
We are now expecting price to continue its move higher from here potentially targeting 98.38 area.
*Disclaimer - do your own due diligence on the fundamentals of JPM before investing into it.
We saw a false breakout above the 94.47 high in July before making a recent low of 89.07 in September. This is a typical expanding flat structure according to the wave patterns.
Price has too met the minimum expectation area of 123.6 to 161.8 fib expansion.
We are now expecting price to continue its move higher from here potentially targeting 98.38 area.
*Disclaimer - do your own due diligence on the fundamentals of JPM before investing into it.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.