Sub $1000 target...

What do you think about
this triangle idea? Easily invalidated by a break below the 2018 bottom. The proportions seem good, and we're seeing a potential V-bottom off the 200-week MA, similar to January 2015. Based on the 2015 and 2018 reactions to said MA I'd like to see how the weekly candle closes.
Really, a log scale for EW is a thing? WTH
Why not?