BCT 1H some random thoughts.

Possible descending triangle or falling wedge.


Descending triangle with connection wicks.
Down target would be 9K if this breaks.
RSI hasn't gone completely in the oversold region.

Falling wedge with candle opens/closes.
Breakout target 9,5K.
MACD just crossed bullish again.
RSI arround the 50 so there is room to the upside.


Just my opinion, random Idea in the short term on the 1hour.
Not financial advise, always do your own research.

Comment:

Currently above the downwards sloping dotted line.
MACD already crosses bearish.

On the higher time frame we hit our head at the 50Day MA, which it possibly could have being a fake out out of the pattern and we'll drop down.