Iterative Refinement

Quote from Failure2Travers:

What tells me at this point that we are forming a point 3 in an up channel?

The !2:20 bar provided the increased black volume confirmation for a PT3 up channel.
 
Quote from Failure2Travers:

What tells me at this point that we are forming a point 3 in an up channel? Or do we have to wait for further confirmation?

Looks like to me after the FTT at 12:10 the pt 3 up on the 12:40 bar was confirmed by increasing black vol on the 12:45:D
 
Quote from sscott:

Looks like to me after the FTT at 12:10 the pt 3 up on the 12:40 bar was confirmed by increasing black vol on the 12:45:D

Lateral formation off the 12:25 bar
 
Quote from Failure2Travers:

What tells me at this point that we are forming a point 3 in an up channel? Or do we have to wait for further confirmation?

I see FTT followed by channel BO (formation BO) on incr. volume and B\/B.

I suspect that as soon as PRV on a bar that started 12:20 and ended 12:25 was showing increase black, which i saw around 12:20:55, it was clear. YM had channel BO (formation BO) on incr. volume around the same time.
 
Quote from sscott:

Looks like to me after the FTT at 12:10 the pt 3 up on the 12:40 bar was confirmed by increasing black vol on the 12:45:D

However, then the FTT at 12:50 said reverse short........:eek:
 
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