This pattern will be in trading books next to Wyckoff's (jk lol)
buy: 0.50~0.55
target1: 0.615
mid channel. you can move your SL to entry at this point
target2: 0.723
upper band. take out half position here
target3: 1.11
first dead cat bounce top. here most spot buyers that got trapped will sell. don't risk your gains and close the position.