JP Morgan Chase Co: wave analysis

in #jpmorgan • 8 years ago

JPM.jpg
The price can fall within the correction.

On the 4-hour chart the fifth wave v has formed within the third wave 3 of the higher level. Locally the correctional fall of the price within the fourth wave 4 begins. If the assumption is correct, the price will fall to the levels of 97.86–95.78. The level of 108.53 is critical for this scenario.

Read more on LiteForex site https://www.liteforex.com/trading/technical-analysis/153571/?uid=880952068&cid=12910

8 years ago in #jpmorgan by
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