[isatrader]

TLW.L - Stage 1B. Potential for a Stage 2A breakout attempt above long term resistance

I saw this one differently to you. I saw May as a breakout and August low as point B which went a bit below the April low and 30w ave. A similar pattern on DLAR at the breakout.

The A point you've marked up is too early imo, as it hadn't had enough basing time to work through long term resistance, as turned out to be the case. Yes technically it was a Stage 2A breakout attempt. But it immediately failed the following week and fell back into a Stage 1 and began to form a broader base, which it's now trying to make it's second Stage 2A breakout from. Plus the B point you've marked would have stopped out the A entry also.