I hope Shifu you do not mind me illustrating this and hope you will comment when felt required to clarify or put the information on the right track. Trying to see it simple like you always have said of your system.

For those that are following the -w-m- patterns or -abc-123- pattern discussion with Shifu.

So here is an analysis from that perspective of the new information that Shifu clarified in his posts. My method originated from his comments without the details of his method. Now we all are enjoying the details of his method to learn from.

Starting from Fridays high. We have an -w- pattern. With the fourth probably completed latter end of day. Shown on chart and labeled for clarification.

Notice also. that there is a smaller -w- formed from approx. 1:50 on till close. Blue square. An breakout of that pattern with the bar of engagement for confirmation. Second to last bar of the day.

Since most breakouts go five points. Then support at 872 should be broken. Testing 868 for next consolidation. Breaking that would confirm the -w- pattern formed on Friday.

Time will tell.

good trades to all