Looking for Air Canada to go 2-1-2 on the monthly to the downside to trigger some pain here. 20 days left on the month lots can happen Formed a head and shoulder on daily if you look hard enough
What does this mean (2-1-2)? What are your price targets? New to this strategy.
AthenaCapital
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@azoeb52, There is 3 possible kinds of candle #1 means inside candle #2 means outside candle #3 is an outside candle. The 2-1-2 like that is a reversal pattern we look for and when its taking place on a larger timeframe such has the monthly here its important. if you're on twitter I would check out this man @RobInTheBlack