JD.com, Inc.
Long

Bullish

434
*Break and Retest Macro Structure of 29-28.50
*Daily Golden Cross
*Golden Pocket Retracement
*3rd Touch of Recent Daily Uptrend
*Inverse H&S Reversal Pattern from Lows

Trade Idea: I would like to see JD base in this golden pocket and consolidate sideways into the 3rd touch of the recent Daily uptrend. If it holds above 28-28.50 the macro higher low on the is still in tact. Overall, there are too many bullish confluences on the Daily TF to ignore. I would like to see a daily close above the 20EMA for long entry validation. High risk entry is here in this demand before daily confirmation is shown. I am in leaps.

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