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
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
Nota
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.