markup/markdown pattern forming pump then 3 drop

BTC forming a markup/markdown pattern on low timeframes, 1,3,5m. Currently in process of forming the right peak and once peaks, will begin 3 level drop, ecach with retraces up before dropping to lext level. Once 3rd drop completes, we often see a pump up higher as a new pattern is created. Entry is anywhere near 50EMA and take profit is previous peak level price on left side.