The H4 chart of JPMorgan Chase shows a clear breakdown of the recent bullish structure, with price retracing from a prior high of 343.17 to form a descending triangle pattern between 312.54 and 310.6. The close at 329.6 signals a potential reversal, as the price has failed to sustain momentum above 337.72, with diminishing volume (5551) on the last candle suggesting waning buying pressure. The consolidation phase has created a key support zone at 312.54, which acts as a psychological barrier. A break below this level would confirm the downtrend, targeting the 310.6 level as a critical support. The current…

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