she gon be bigI strongly feel as though this head and shoulders will play out, however that right shoulder was floatier(?) than expected, which may lead to improved market sentiment as the pattern completes.
This leads me to believe that we will form a nice triangle up from that raunchy 220 wick on June 2nd.
If support is bullish, I'm expecting the cavalry around the high 220's. The thing is, if this pattern is what I think it is, its gonna be quick, bro.
Flash down, wick up, close high, then retest the 440's.
or, in an alternate timeline (probably not as dark as this one), we test upwards to 440 again then draw a triangle bottom. Imagine a little green arrow right next to my red one, except the green one has a question mark cause I'm not quite sure and I dont feel like going back to add it in.
After that? Bearish, dude. These triangles never play out bullish. lol
We will probably hang around the 230's until our 200ma gives us a swift kick in the ass to get a move on.
cheers, lads
