Currency $JPM Trading Alert 💹
Bullish—recommendation
Entry range: 352.2311-354.7794
Stop loss: 350.8154
Targets: 356.7614, 359.5929, 363.8400
Technical analysis: Haha, JPM—this time, long and short brothers are both dragging around near 353 again. The EMA short term has crossed above the long term, only about 0.07 cents apart. The MACD has also formed a golden cross. RSI is 60.2—not too high, not too low—looks like a proper bullish setup, right? But the price is stuck at 353.93. It won’t push higher, and when it dips, someone keeps catching it. It’s the classic “wolf is coming” scenario. Let’s just say this stop-loss level at 350.8 is only a bit over 3 points away from the current price; one pinprick down and you’d be sweeping losses. The brothers chasing long positions probably have sweaty palms holding their shorts. Don’t rush to shout about the big trend—first see if it can grind upward. If you really want to trade, shrink the position drastically; only reconsider after a break above 353.9. Otherwise, grab a small stool and watch these two moving averages “kiss,” because eating瓜 (watching) is free—only liquidation hurts. In a ranging market, play dead and wait for the breakout, then resurrect.
Suggested stop-loss level: 350.815416, please adjust your position size according to your own risk preference
#JPM
Bullish—recommendation
Entry range: 352.2311-354.7794
Stop loss: 350.8154
Targets: 356.7614, 359.5929, 363.8400
Technical analysis: Haha, JPM—this time, long and short brothers are both dragging around near 353 again. The EMA short term has crossed above the long term, only about 0.07 cents apart. The MACD has also formed a golden cross. RSI is 60.2—not too high, not too low—looks like a proper bullish setup, right? But the price is stuck at 353.93. It won’t push higher, and when it dips, someone keeps catching it. It’s the classic “wolf is coming” scenario. Let’s just say this stop-loss level at 350.8 is only a bit over 3 points away from the current price; one pinprick down and you’d be sweeping losses. The brothers chasing long positions probably have sweaty palms holding their shorts. Don’t rush to shout about the big trend—first see if it can grind upward. If you really want to trade, shrink the position drastically; only reconsider after a break above 353.9. Otherwise, grab a small stool and watch these two moving averages “kiss,” because eating瓜 (watching) is free—only liquidation hurts. In a ranging market, play dead and wait for the breakout, then resurrect.
Suggested stop-loss level: 350.815416, please adjust your position size according to your own risk preference
#JPM