As with each analog study - they will eventually audible from the fractal you are following. My primary use for them (in short term swing trades), is to appropriately catch the pivot - because they tend to be volatile energy transitions that have outsized gains if you time them correctly.
I have included two charts of the same analog that I have been using, with the latter chart "tailored" to the most recent market activity. By "tailored" - I have expanded the scale of the current market to fit the pattern. For further explanation of why I have chosen this respective study - see Here.
So far so good.