Pace Acc. says we will cycle through the sequence again. Looks like we are cycling through the sequences here.
You mean everything from 1115 forward is non-dom? EDIT: sub-fractal, faster fractal sort of movement?
Thanks, Spyder. In retrospect, it does seem like a wild and baseless assumption. I was too ready to jump to a conclusion, even if it was the wrong one. I'll continue to review the chart and hope to find the answers that I seek. If you could clarify the latter query (regarding sequence recycling/resetting) I'd be much obliged. Regards, Neo
1050 -1105 is not a lateral, but one with a fully annotated chart would know that. Therefore 1110 is sequence complete, look for change. Amazed how one expects to find his way in the market without a proper map.
Thank you for responding Avi 8. 1110 bar is dominant indeed - increasing red volume. However I can't help but notice a rather enormous difference in volume compared to the previous bar (61395 vs 31531). You appear to be saying that it's not a PA. Am I understanding you correctly?