Hello Traders!
I see a couple reversal signals for JPM, a stock which has been on a bullish run.
Signs of continued Reversal :
#1 Hidden divergence signaling the recent downtrend may continue.
#2 Price action falling below both the VWAP and 50EMa
#3 Broke a key level moving downwards. I'd like to see it retest the recently broken key level before deciding to enter.
There are a couple of reasons as to why I like this trade. My first target would be 114 with the next one being 110 after a break below another key level. There is a gap to fill which could possibly make this trade have an insane RR. Let me know what you think!
Disclaimer: I am not a financial advisor and am not offering financial advice. All charts posted are for educational purposes only.
I see a couple reversal signals for JPM, a stock which has been on a bullish run.
Signs of continued Reversal :
#1 Hidden divergence signaling the recent downtrend may continue.
#2 Price action falling below both the VWAP and 50EMa
#3 Broke a key level moving downwards. I'd like to see it retest the recently broken key level before deciding to enter.
There are a couple of reasons as to why I like this trade. My first target would be 114 with the next one being 110 after a break below another key level. There is a gap to fill which could possibly make this trade have an insane RR. Let me know what you think!
Disclaimer: I am not a financial advisor and am not offering financial advice. All charts posted are for educational purposes only.
Emir iptal
Never entered this trade.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.