JD.com (JD) is forming a bullish ABCD harmonic pattern, with the current price advancing from point C toward the projected D completion zone. Based on the Fibonacci measurements, the AB=CD projection and 1.618 extension align near $56–57, suggesting a strong potential target area and confluence with the upper channel resistance.
A sustained move above $46.5 (B point) would confirm the continuation toward the D leg target. Momentum indicators are gradually turning positive, supporting the bullish bias in this setup.
Invalidation:
If price reverses and breaks below the C point, the ABCD harmonic structure would be invalidated, signaling potential weakness or a deeper retracement.
A sustained move above $46.5 (B point) would confirm the continuation toward the D leg target. Momentum indicators are gradually turning positive, supporting the bullish bias in this setup.
Invalidation:
If price reverses and breaks below the C point, the ABCD harmonic structure would be invalidated, signaling potential weakness or a deeper retracement.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.