on the 5M...first a rounded base above the open, a micro channel breakout, one bar PB, two bull bars, now either a final flag or a longer bull flag but could be mid day trading range setting up
The market is neither rational nor irrational. You learn to trade by learning to read price behavior...it will do what it will do but you can know what is more likely than not with the effort required to understand it. From that effort and subsequent understanding a base can be formed to test...