It's great that so many people are posting their charts... creates a really rich debriefing resource. Here's my not-yet-debriefed version (repost from Technical Strategy)...
I saw it as the the completion of the non-dominant traverse pt2 to pt3 of the downtrend channel from yesterday. Is that correct?
I thought we hadn’t finished yesterday's traverse down and therefore I was anticipating pt.2 and 3 to form today. At 11:05 I thought FTT will BO what looked to me like FF, I failed to notice that Volume at BO was decreasing – a sign to fan out and not a BO. Looks like I made an error at the EOD assessment. I need to debrief some more.
I see what you are saying Spyder. My rendition of the day turned out to be very similar to ehornâs (who else, weâre chart pals) and the gman (Donât shoot g-man! â Machine Gun Kelly http://en.wikipedia.org/wiki/Machine_Gun_Kelly Hopefully you donât look like this guy guava.) but you, I would deduce (hopefully not adduce), opt for something more along the lines of the Neoxx chart. My faulty reasoning had the 15:35 bar as a combo P3 validation/real deal peak volume signal followed by a JW Type I and then an up OB. Interestingly we all end up in the same place with an incomplete second up traverse in ânon-domâ at EOD â the old fortuitous cancellation of errors. Having once again bared my soul and suffered the horrific consequences, could you possibly answer two tiny questions? Are those tapes I annotated âfat tapesâ? When one has the less common peak volume signal is the peak volume bar itself always the âchangeâ bar (the new P1) or can something like I constructed happen as well? TIA lj
Alas, I fear I may be stuck in my bad habit of jumping fractals... You know that "Missing a critical component" thing. Keeping on the right fractal continues to be quite a challenge for me. P.S. Neo's chart get my vote for the closest to reality
For me as well. I have found however, that by trading the tape fractal I don't have to worry about jumping up a fractal.
Nicely Done treeline. That is the Real PT2. (IMO) I missed the turn and without my GPS handy I was not seeing the sequences play out today (or the red barn!) Your TL's looks like a clockwork to me. Lets see if this FF gets us out of that Channel TL for a new Channel PT2 (this time)