There may be a potential sell to ride the next wave down for JPM
; seems like a double three pattern may be happening at the moment. Currently, it will (probably) undergo its Wave C of Wave Y (I'm not sure, just speculating). A bit tricky on where it would end; i)
could potentially push price towards its previous low or lower (around 92.00); or ii)
fall short and make a triangle pattern
. Just have to wait and see. Price has also broken its higher lows, and has been currently testing its breakout.
P/S: still learning, but its worth to take look at this pattern. I could be all wrong. ;)