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Oops, sorry missed that channel. Quote from Spydertrader: Whenever increasing Volume arrives onto the scene, always look to see if Price has created a Point Three.

IBV instead, WMCN did not. This was pt1 to pt2 move.

Pt2. Then we had to go back up to maintain the slope symmetry of the new down channel. Waiting for increasing red volume to confirm pt3 down. 144851 price inside formation, SYM.

YM 1402 eob formed VE in a pt up channel. YM is obviously finds itself in an up channel. ES 1405 eob exited the down channel on increased black volume. We witness BO and continuation of an up channel.

I'll be damned! Reflectional-like Fractal Symmetry! I wonder what else is going on with channels that I wasn't paying attention to:D

1300 eob increasing red volume = pt3 of the accelerated channel (second dominant traverse of the down channel that started with orange 'chubby' tape)

The first dominant traverse of the red down trend was 'chubby' tape, the second dominant traverse was pink pt3 channel. The opposite trend - blue up channel, was built from: first dominant traverse was green 'chubby' tape, the second dominant traverse was pt3 green up channel. The newly...

The pink channel did not see flaw or VE?

That Passat character is as deep as you are. His whole effort amounted to whooping 4 posts...

I have two different vendors showing equal lows for bars 1035 eob and 1050 eob (0935 and 0950 on yours), therefore I could not draw pt3 up channel where you have one.

:confused: Was that the lateral channel FTT and BO just now?

Actually the japanese came knocking because US Govt/Military blockade had cut off its supply of crude oil. After their reserves dropped to a few weeks worth of what their navy was consuming they had two choices: running out of oil with no options, or try to fight it out to have options. Why do...

I don't believe anybody would think that you're nitpicking. Take a look at Figure A in the attached. It is decelleration, isn't it. We can also fan using pt1 instead of pt3 (see Figure B). Notice how close is the purple LTL is to the red CO LTL.(Figure C) Now, the real kicker is 1200 bar on...

Why would anybody give a shit about that particular aspect? Are you really trying to argue who should be credited with what ideas?

You're so pissed off, you can't even decide which to accusation to pick. Do you believe that "at least one if not many traders in the past" have been plagiarized and their "pre-dated examples written in detail" have been riped of? Or, is your problem with the quality of the documentation that...

I would not call it a rule, but based on Spydertrader's observations I would attempt to generalize it in a following fashion: When market transitions from one trend to another by means of decelleration (fanning outward), the opposite trend will develop by means of decelleration as well...

Fanning inward - accelerating the channel, fanning outward (channel deceleration) is the mirror opposite action. Since fanned outward channel always contains steeper, 'fanned inward' channel, the order of the sequence can be interchangeable. While I have not figured it out yet, I suspect it has...

:D This is like deja vu all over again.

It appears that #1 from the Top Ten list has been pointed out much earlier

Similar situations have been discussed here, and here.