JD.COM Potential for Bearish Drop | 13th February 2023Looking at the H4 chart, my overall bias for JD.COM is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market.
Looking for a pullback sell entry at 55.62, where the overlap resistance is. Stop loss will be at 64.44, where the recent high is. Take profit will be at 33.18, where the previous swing low is.
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