Hi Mjunkyard,
monthly time frame is a rather large scale, so you need really large resources to take part in such patterns. Probably it's better to use it in a bit different way. What does any strong monthly pattern mean? It means that we know direction for a long time ahead. So, we can search for patterns and retracement and take position many times within this direction.
But still, if you want enter right with this pattern - the analysis way is the same. Just use as a context monthly time frame and search patterns to enter on weekly and daily. Currently I'm not ready to tell something on subject, since do not look closely on it.
BTW, look at EUR/JPY with 25x5 DMA on long-term charts. Also very interesting picture.