Iterative Refinement

Thank you for the additional data. I’ll start looking for the ’subtle differences’.

What all Traverses have in common is a retrace. In this case there isn’t even a decreasing black. There’s no way these 4 bars can be annotated as a Traverse. It’s a tape.

 

Then, what does this tell you with respect to, 'What must come next?"

- Spydertrader

 

The retrace is coming, because we have not seen it yet since the trend started.

 

And as anticipated, you, once again, have shown that you already have the answers you seek.

- Spydertrader

 

increase price x increase vol.

 

Could we just accept the fact that it cant be peak volume here(bar 7) because the traverse hasnt been established yet. Therefore even on bar 7, we know peak volume is not an option because we haven't had pt 1 2 and 3 yet. Is this correct or were you thinking something else?

 

the volatility decreased on bar 3 from what i see while the volume increased. This is the 9:40 close of bar is what Im hoping(the bar after the outside bar) correct me if I'm wrong

 

Thank you, the picture becomes more clear now.

 

Seems like jokari window to me. Incr. red volume, yet price closes higher. Also, incr volume w/ decr volatility would not be an action point at this fractal, if im not mistaken

 

Sounds right