Take notice at the repeating pattern you get when you start to see higher highs and higher lowers. What starts to emerge is a 1-2 then run system.
I try to show this clearly in the smaller timeframe by marking it with
1# hump in purple
2# hump in yellow
Run = white arrow
And in the larger timeframe with
1# arc in purple
2# arc in yellow
I try to show this clearly in the smaller timeframe by marking it with
1# hump in purple
2# hump in yellow
Run = white arrow
And in the larger timeframe with
1# arc in purple
2# arc in yellow