The price has broke the neckline for a double top pattern earlier. Before pulling back higher. But again price is under pressure, breaking its log scale rising trend line. I think a break below 9050 would be a trigger for a major reversal targeting 4000 areas.
Thx. Interesting view. Maybe it's a simple W formation. Here my current idea ...
TomPower
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Dude you better do your math right, because the height of the top minus and horizontal is much less than that. We're not going anywhere near 5K this will be a small shallow pull back