Quote from gravitonium77:
So does anyone CONFIDENTLY KNOW how to read the snippet in my last post. Is the gray a traverse? It seems like it has to be, based on the recent and specific description of what makes a traverse. If so, then does the formation of the purple negate the gray as a traverse? DOes it "convert" the traverse to a full fledged channel?
ONe has to KNOW this beyond a shadow of a doubt in order to know WMCN in terms of sequences.
The best I can come up with is that the gray IS a non-dom traverse following the up traverse which consisted of the entire prior portion of the day. If this is so, then I can't get my head wrapped around what to do with a traverse which forms INSIDE another traverse in the same direction. Clearly this is (at least in part) where I'm getting messed up with understanding what fractal I'm on.
EDIT: let me say this a different way. Some have spoke of "tape fractal" versus "traverse fractal". This is NOT a valid way to describe these phenomena. A tape that makes up a simple traverse is NOT on the same fractal level as the turquoise tape in my chart snippet... unless the gray is a traverse afterall. And if that's the case, then I'm lost as to how to correctly filter signals for change on very wide traverses. Which, according the the examples I've studied do look very different in this respect.
