DislikedHey Toronto
The only bars I personally would consider there is # 1(since it is trading away from your hypothetical PPZ)
#3 since the bar closed ABOVE your hypothetical area.
Bar 2 could possibly be depending on the look size, bars it engulfs a tradeable CONTINUATION pattern(which I suggest to stay away from for now). But it could also be a IPB(ghous type bar) which would be a pibnar looking bar at a swing high not where we want it and that could actually indicated a reversal(see comment at the end ).
Bar 4 - closed under your area, that...Ignored
Thanks for the explanation. I also liked #1 as its bullish engulfing and moved off a PPZ. But this does not come very often . #4 and #5 i think I would not trade without additional confirmation. Looks like I got to post live charts with my analysis and then get a review on it.