Here is a chart of a recently listed stock with ticker symbol VPRPL. This is a 5-minute time frame chart with 0.1% box size & 3-box reversal.
Notice the strong rally and the consolidation thereafter. Price has crossed all down sloping 45-degree trendlines. Also, it has crossed quite a few bearish anchor columns, suggesting bullishness. I have bought this stock just now and looking to hold this for atleast a few months. I will exit below 162.
Hope this helps.