Aggressively entering and also exiting a Running Correction forms the first 3 stages of a 5-stage pattern, which then forecasts the session’s next 2 turning points at stage-4 (a plateau in an uptrend, or a trough in a downtrend) and at stage-5 (retracing the Running Correction).
Study the setup’s historical occurrences here:
This setup has occurred on the following dates:
- 04-30-23
- 06-05-23