Hey, funny handle 'Gas Bag' btw...
Yeah, the main thing with this particular reversal pattern to watch for is for the market to exceed the previous days high, all within the timeframe of between 7 and 10 days of lower highs and lower lows...
When it does work it tends to lead to rather incredible turnarounds....
But if it fails after making a higher high and makes a new low you want to reverse your position also...