A 2 year Wyckoff accumulation breaking out with a Livermore accumulation cylinder, and now re - accumulating into an ascending triangle / pennant on top of the Livermore.
If you don't like this chart and expect a rally to at least 0.1, IDK what to tell you
large penetration of support line
sudden increase in volume
Candle that penetrates the zone of liquidity and that returns practically the totality of the move in 1or2 candles
Terminal shakeouts is used to define movements with much deeper penetration and with higher volume
2/X
If after the breakout of the lower part of the structure,price fails to stay below(we are currently here)and re-enters the range again,it denotes strong puchase entry and adds greater probability that the breakage is false and that the Spring /terminal shakeout is developping 3/x