I don't know whether following higher tf pattern has already a name. NTL, it consists of two or three TLs in a row getting steeper. More and more traders coming in following the trend till the trend ends abruptly as every hype has to end one day and a bigger correction or the counter trend follows. The longer and steeper the trend was, the quicker and steeper the counter trend. Exit your position before the new trend has established itself and look for new opportunities.