I agree, but this chart was re-annotated post market hours and it was still confusing. In real time I thought the B2B 13:20 to 14:05 necessitated a R2B2B. Very confusing.
I am partial to Neos lateral at 12:00 which gives completion at 14:00 (PT1 at 14:10). If I could just figure out WHY I was looking for another trip around the block. Eastern Times
Thanks again for presenting an alternative viewpoint. Forced me to look closer at how the sequences took shape in the pm session, and I think I had an aha! in the process. Keep the charts coming... maybe we'll even manage to reinvigorate the thread.
The problem I see with Neos lateral is that he begins it before an existing one ends. But if he has correctly annotated a lateral from 11:25 to 13:50, we still have B2B's in a single up tape (13:15 to 13:50). Does the fact that they reside in this lateral discount the need for them to complete on a traverse level fractal? They complete on an intrabar fractal, but that is not the fractal we trade and expect to see a completed sequence. Thoughts welcomed.
Thoughts... I started the preceding short sequence (R2R2B2R) one bar late. That entire sequence took place within a tape. It was followed by another complete intratape sequence (B2B2R2B(VE)2R2B), which formed the final ascent of the slower fractal.