Patterns and cycles - the "W" pattern

2-3 weeks ago I introduced the idea that patterns can be explained with cycles.  I also pointed out we could (hopefully) identify the cycles involved and where they fall on the time line.  I showed you the analysis of an inverted head an shoulders at that time.

Tonite I am going to show you a "W" pattern with annotations showing where the cycle pivots occur.  Here is the pattern:

I have two goals:  1) inform and 2) teach.  GL traders.