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JP Morgan Chase
Long

JPM Bullish Breakout? JPMorgan Trend & Seasonal Insights

By fxtraderanthony
Updated
In this video, we analyze JPM, JP Morgan Chase, which is currently exhibiting a strong bullish trend on the daily timeframe. The stock has consistently retraced to 50% of its previous price swings. Adding a seasonality perspective, we observe a historical pattern where the market tends to sell off into December 20th before rallying through the first or second week of January. My bias remains bullish, with a potential buy at the current price contingent on a break of structure. Please note, this is not financial advice.
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Move your SL to Breakeven now and close partial profits. Trade is now in the $ and risk free. snapshot
Chart PatternsJPMjpmlongjpmorgamjpmorganjpmorganbuyjpmorganchasejpmorganlongjpmorgansignalsjpmorgantradingTrend Analysis
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