I see what you mean, but not really......perhaps on a much...

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    I see what you mean, but not really......perhaps on a much smaller timeframe there is one there, but I would have to check it out.
    The problem with this one is you are using the low of an upbar as the point where support has come in. Whereas it would usually be a downbar that has initially found support...then the spring is when price retests the strength of the original support, and dips briefly below it, and recovers instead of breaking down.

    cheers
 
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