Rocket Lab - Double bottom or another inverse head and shoulders

Waiting for Rocket Lab to break out of this channel to enter the trade. IMO, two possible scenarios:

1) This could play out as a double bottom with a take profit @ $6.
2) An inverse head and shoulders pattern in which we are currently complete with the formation of an inverse head. Neckline is at $5.

Caution to be exercised around the $5 area to determine which of these scenarios could play out.