I see nothing incorrect about this - other than your B2B developing at the incorrect spot. The big picture (including the Point Three), however, looks fine from where I sit. - Spydertrader
One thing needs to complete, prior to, another thing beginning. Are you sure your annotations reflect such an environment? - Spydertrader
As they should. Your 'dotted' red lines mirror the signals provided by the market. Now, time for you to figure out why and how one part of your brain recognized the correct answer, while another part of your brain was busy posting 'confused' icons. - Spydertrader
I'm a bit confused here...shouldn't pt 1 of a new up channel start today at 10:05...pt 2 at 11:20 and pt 3 at 14:10. I can understand why you can anticipate that a new up channel is going to begin(breakout of multiday red down channel) but doesn't the actual up channel start today?
The Blue thing isn't a Traverse. Also, quite a bit missing from your charts in terms of thorough annotations. I recommend you fix that bad habbit asap. - Spydertrader