JP Morgan ChaseDiupdate

JPM, Nov.28-Dec.2

JPM has been extremely bullish,
on the daily and 4h there is divergence,
as price is making higher high, rsi is making lower low,
this is a bearish indication,
I would like to see JPM below the previous high range 135.98-135.41,
once here i cant say we are fully bearish,
we would have to break below the 1hr trend line before i am fully convinced,
my target would then be the 131.36-129.97 range
Catatan
Price closed below both areas we were eyeing,
we are also consolidating on the 15m close,
from here i would like to see either,
a. retest of our uptrend line we broke below
b. a continuation down out of the consolidation zone
from here I am looking to enter my short position to 133.70-133.40 range,
if we continue to told bearish i plan to hold to 132.80, the previous low

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.