JPM is just above a major trend line (white)
It is forming a top pattern at the 1.272 Fibonacci line
This top pattern is very similar to what has been seen in the past, which led to a small break down of the trend line (red hammers)
This is the Monthly timeframe
It is forming a top pattern at the 1.272 Fibonacci line
This top pattern is very similar to what has been seen in the past, which led to a small break down of the trend line (red hammers)
This is the Monthly timeframe
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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.