This pattern is indicating that the market will reverse upon completion, and is supported by completing above the line.
When a completes above the standard deviation line, it is likely that , If the market is , the market will rally back under the line , and similar to a price action trade, come near the negative deviation line.
I have forecast the market to touch the negative deviation line , which comes out to about 4 hours from now, but it is more likely to take longer and not actually reach the deviation line, but rather just cross the taking 2 days and 7 hours.
With that said, i have placed my usual actions as the following:
Entry: point B
Limit : of the BC leg
Stop: point X
Thanks for checking this out, look forward to you comments and likes, as always follow for my predictions!
Thanks and Good Trading!