JPM had an enormous rally against the downtrend and it could all prove to be a retracement but will consider that down the road.
Here it appears to have topped at the 1:1 trend based extension and now into initial collapsing structure.
Plenty of bearish divergence now taking effect.
Wick up today suggests further downside this week.
Not advice.
Here it appears to have topped at the 1:1 trend based extension and now into initial collapsing structure.
Plenty of bearish divergence now taking effect.
Wick up today suggests further downside this week.
Not advice.
Your FA guru can't read a chart💭
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.