Simple accumulation range found within bigger markup range therefore I'd class this as a stepping stone. It also makes it a higher probability accumulation range.
Phases clearly visible, however, can't get indicator on TradingView for this market for some reason. was analysed using barchart.com which showed the peak at the lowest point straight after a change of character in range.
Point and figure calculation for TP projection is shown with blue box at top of long position. Earlier recognition of phases and entry would have given a bigger TP size and R:R.
If we were being even more thorough we would draw another supply/resistance line at the ST (secondary thrust) after the buying climax and automatic reaction as can be seen here. It shows the throwback/range retest clearer too for added accumulation/long confirmation.