one of the favorite patterns

Discussion in 'Trading' started by mikeenday, May 12, 2011.

  1. mikeenday

    mikeenday Guest

    called "two lane rail-road". as shown in the picture is MCP.
    Stocks made a all time high, as expected, then immediately fall. The low to high are almost identical.
    This is the high probability action that indicates a downfall.
     
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  2. cornix

    cornix

    Looks much like "2B" pattern, aka failed BO... It is good one indeed.