Inverse H&S pattern if the right shoulder is formed it'll be the first higher low in years. Weekly Bullish Divergence
Target 1 has been hit at the top of a channel. A break above $8920 can send prices to 10k. Once target 2 resistance is broken 11k will be the next target (CME Gap Fill)
A break above $149 can move price to $155 pretty quick. I'm not trading this, just testing the support and resistance levels for future reference.
Weekly Candles showing tweezer double bottom at entry for 5-0 pattern Backtesting Resistance as support. MACD divergence and developing RSI divergence. First target is C point then measured move of Eve & Adam DB Pattern can hit the .618 (currently at .50) If you'd like to support the content check out my Patreon @ ArtofJR
Measured move hits the gap fill and major .236 retrace.
Pattern invalidated if price rises above the X point so the stop is just above it.
Targeting the .382 retrace which is also the measured move of the falling wedge and a gap fill target.