It is quite early to clearly see this pattern but and indicators suggests the likelyhood of seeing this formation.
The pattern will be confirmed when the neckline is broken at 12,750 dollars.
All indicators have divergences and pointing .
If we fail to produce this pattern we might see a break and a retest of 17,500, if we break it with solid (unlikely before) we might see a definite push to 20,000 dollars.
Fundamentally the launch of the on monday might play a role and push the price higher as we saw with CBoe but conisdering that will be a much bigger market we might see much higher price movements.