Chart for this morning. I figured I'd post what I had before I dicked up the afternoon. A couple of questions, I dashed in what I thought might be a super up channel that started at pt1 15:30 yesterday, pt2 10:45 and pt 3 at 12:10. Just waiting for a return to dominance to the upside to confirm. Now it appears that a small down channel may be forming with pt1 11:25 pt2 12:10 and pt 3 anticipated soon. Any one else on the same train? (or train wreck) Thanks
I view your pink Pt3 down trendlines as a faster fractal traverse. However, since it has gone on so long it could have morphed into a regular traverse without my knowledge. As I write this I am looking for a Pt3 down.
Run Forrest Run.......however I'm uncertain when to put the Pt1, at the beginning of the accellerated traverse, 11:25, or at the beginning of the first part of the entire down traverse, 10:45 where the FTT was. Can anyone help?
With only limited success, I try only to trade the 5 min traverse level and all my comments are based on this effort.