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JSeek74
May 27, 2023 5:52 PM

$SHORT pullback $TSX:AC  Short

AIR CANADATSX

Description

Great opportunity for pullback coming up TSX:AC

Wait for confirmation on H4 (Couple of long wick candles rejecting the trendline with multiple attempts. As weekly trendline going with 4 touches above and 3 touches below. I also identified supply (red) and demand (green) rectangle on weekly chart. Im going with a ratio of 3.65, but i'd be confident with a ratio of 1:4 risking max 2%.

Below is the H4: [img]
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