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JPMorgan
Posted: Mon Apr 29, 2019 3:56 pm
by drake36
dear friends, I want to share with you this chart.
As you can see I traced many levels in %. Some of them are bold and some not.
All these levels are joined by math relationships. Right today the price is on one of them 116.7 area.
I do not expect any big reverse from this level but at least a sort of minor top. If this happens it means the price pattern drawn has a big probability to work and wait the following levels (especially 37.37%). In case at that level I can see the end of one Elliott Wave pattern I will place a very big short.
Rememember only IF. This doesn't mean the price will touch those levels.

- JPMorganChaseCo.gif (18.56KiB)Viewed 8545 times
Re: JPMorgan
Posted: Mon Apr 29, 2019 4:17 pm
by fxMarshal
do not understand why You put all this levels
Just share with us JPM Monthly chart
Re: JPMorgan
Posted: Mon Apr 29, 2019 4:24 pm
by vlad
drake36 wrote: ↑Mon Apr 29, 2019 3:56 pm
dear friends, I want to share with you this chart.
As you can see I traced many levels in %. Some of them are bold and some not.
All these levels are joined by math relationships. Right today the price is on one of them 116.7 area.
I do not expect any big reverse from this level but at least a sort of minor top. If this happens it means the price pattern drawn has a big probability to work and wait the following levels (especially 37.37%). In case at that level I can see the end of one Elliott Wave pattern I will place a very big short.
Rememember only IF. This doesn't mean the price will touch those levels.
JPMorganChaseCo.gif
this is my idea; anil margin would have shorted at USD 30
Re: JPMorgan
Posted: Mon Apr 29, 2019 5:20 pm
by drake36
pavel wrote: ↑Mon Apr 29, 2019 4:17 pm
do not understand why You put all this levels
Just share with us JPM Monthly chart
double reason:
1. to remember the pattern.
2. If one level doesn't work (In our case doesnt work as resistance) I expect a bounce as support.
If you see the analysis made by Vlad we expect move up to complete a 5 waves impulse. Maybe the wave 3 or 5 finish exactly in my levels.

Re: JPMorgan
Posted: Tue Apr 30, 2019 3:38 am
by vlad
pavel wrote: ↑Mon Apr 29, 2019 4:17 pm
do not understand why You put all this levels
Just share with us JPM Monthly chart
lol pavel asking for monthly charts ? lol what is the world coming to?
Hey pavel u dont even look beyond 5 min plus hahaha
Those who dont know; pavel here is master trader who left Anil Margin group years ago.
He trades 1 min charts and at max he watches 5 min chart.
He used to be critical in the Anil Margin tradingroom how for the 10 pips move; anil margin mentors (like victor / dejan) start their analysis on yearly, weekly and monthly charts and then when you enter trades they go into immediate drawdowns.
Pavel is the first guy who invented the lucrative phenomenon of reverse reading Anil Margin officially; he and Nora reverse traded Anil Margin officially for NZDUSD in 2017 ( their story is narratted here
viewtopic.php?f=3&t=27 )
Pavel is funny chap.