AI
Thursday, February 17, 2022 4:29:00 PM
It's that special, boyz parked it at the neck line, making everyone guess.
But, this is NOT an H & S unless and until it confirms, meaning it needs to break the neck line and not recover it.
Last H & S, pictured, spent a few days chopping under the neckline before moving down impulsively. If this gaps down below, expect something different this time as compared to the last H & S, as that one is too recent to be replayed again in the same manner this soon. I don't expect the several days of volatile chop this time. Boyz will change it up.
If it doesn't gap below, great sign for bulls as bears will have already failed a prime opportunity to confirm the H & S.
But, this is NOT an H & S unless and until it confirms, meaning it needs to break the neck line and not recover it.
Last H & S, pictured, spent a few days chopping under the neckline before moving down impulsively. If this gaps down below, expect something different this time as compared to the last H & S, as that one is too recent to be replayed again in the same manner this soon. I don't expect the several days of volatile chop this time. Boyz will change it up.
If it doesn't gap below, great sign for bulls as bears will have already failed a prime opportunity to confirm the H & S.
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