Maybe the solution is to understand the A-band
"COMES". Just like tiddly who said there is to be clear with the T2P
present in the trend.
When T2P comes, it's an A-band pass. In other words, the level of next bar is inside the A-band boundaries.
Or it can hvbo, or it can be lvbo.
I need to stay on the case I was lastly stuck with. Here it is illustrated and rebuilt :
View attachment 205003
All price bars allow to measure volume until bar 6 which appears implicitely with the arrow and the "wait" label, and are making the trend progress.
Bar 1 : P1 is assigned
Bar 2 : Vol is DEC : T1
Bar 3 : Vol is DEC : T1 repeats. Here begins for me something fuzzy and uncertain that I want and need to clarify. We have another T1 then. If the next bar is between those last two T1's, we'll have PP2. Let's have a look at the PP! sheet about, focusing on PP2 :
View attachment 205004
A wait between the two T1's would kill the PP2.-> there is no wait in our case.
Next -> a PP2 in the description is a P2 between two T1's. If I follow the way of labeling bars, if we have three bars, then the first bar in order of appearance is bar.2, the second is bar.1 and the most present bar is bar.0.
In the additional requirements for PP2, we can see : P2 must be > T1.1, which must be the first of the two T1's AND P2 must be < T1.0. That is impossible.
If we have with no wait, two T1's in a row, then T1.0 is necessarily below T1.1. Then if we have P2 coming after the second T1 (T1.0), it must necessarily be above it AND it will either be above T1.1 aso or between the two T1's. If it's above T1.1, it's necessarily also above T1.0 being as T1.0 must be under T1.1. And in this case, the trend would be progressing.
But, if the P2 coming up is between the two T1's, then we have PP2 so we have an EE and the trend is interrupted. But, to have the P2 between the two T1's, we must necessarily have :
P2 > T1.0 AND P2 <T1.1 so -> T1.1 > P2 > T1.0
This contradicts what is on the sheet. So either a typo, or I'm missing something, necessarily.
In any case, I'm searching for clarity here.
Another thing : as you can see, I make appear a light yellow zone 1. It deals with the A-band, and here I'm gonna expose something that i'm searching for clarity with too.
The high boundary of A-band is P1. The low boundary is T1. But, what if there is a second T1 ? I wonder if the A-band established firstly by the P1 and the first T1, extends itself downwards and gets a new low boundary, being second T1. This was Zone 1.
Back to the illustration :
View attachment 205003
Bar 4 : volume is INC, and it's above both T1's before. So it's a P2, there is no EE, the trend progresses. As the litterature states, when P2 is there, the paralellogram is established (although I d'ont understand why this can be true being as we need three points in the dependant variable to establish the parallelogram which are pt1, pt2 and pt3, and at P2 we only have two points defining a rtl and not a parallelogram) AND at P2, the A-band is initiated.
The pragmatic context for "a four bar" is there, although T2P is not present.
bar 5 : volume is DEC AND it's above leftmost T1. So it fills the definition of a T2P. As states the litterature, when T2P is there we have : the four bars context established AND the B-band initiated AND we know when a band is active, then only the EE's of this band can surge. Prior's and next's bands-EE's can't happen. The high bounday of B-band is P2 and the low boundary is T2P.
bar 6 : price prevents to measure volume. We have a wait. With this wait AND the T2P present, the scene is clearly set for Aa. And here begins again the problem for me : we are in B-band....how can an A"x" EE appear ?.... To think about a solution for that, I needed the next bar.
Bar 7 : volume is INC AND it's under P2 so it's a T2P repeat. And HERE begins the space where I began to perceive the posibility of a solution : as you can see, I've made appear a zone 2 and a zone 3. What I wonder is :
- when second T2P comes and reveals itself, is the B-band bounded from high by P2 to low by : first T2P ? second T2P ?
If the B-band remains intact after T2P band pass happen, the boundaries would still be from P2 as high boundary to leftmost T2P as low boundary, and therefore the B-band contains both zone 2 and 3, and extends itself until there is either HVBO or LVBO.
OR
The B-band kind of reduces itself as its new low boundary is the second T2P, and B-band would only be then Zone 2 (red).
bar 6 : price prevents to measure volume. We have a wait. With this wait AND the T2P present, the scene is clearly set for Aa. And here begins again the problem for me : we are in B-band....how can an A"x" EE appear ?.... To think about a solution for that, I needed the next bar.
Here is what I'm thinking about : It has been stated when a new band initiates, the prior one is killed. More precisely, it has been stated when B-band becomes active, A-band is killed.
But I know Aa can appear when T2P is there...so when B-band is there too.. contradictory..
Maybe it is that when T2P appears, the zone comprised in this illustrated case between P1 and P2 is the reduced part of A-band extending itself. And this would make any volume bar ending in that zone a possible EE of the A-band.
All this seems wrong to me. I feel confused. I see it does not stick to logic.
Bar 8 : that is the problematic bar for me at the moment. This bar (is under T1) AND (is after a second T2P SO B-band is active and A-band is killed). Here is my DD :
- we've said it's possible to see an EE requiring the presence (or the pragmatically established context for) of T2P AND the presence of a wait along the path, even when T2P is not there yet, for example because of the presence of a wait. So we can have this Aa EE with or whithout the presence of T2P. At least we need the trend to have progressed until P2.
How I would say that is : one can find an EE even though :
- the congruent band is still not active at this moment
OR
- the congruent band is not active yet at this moment.
If this is true, I'd say that bar 8 can be an Fd EE.
- which band do we need to see active to find F's EEs ? -> F-band
- which is, in the OOE of bands, the prior band to the F one ? -> C-band. There is just Ca as EE of this band but what I see in the B-through K bands is that it's not an EE, it's a Band-pass. Effectively, it's logic being as the description says it's a volume level comprised between upper limit T2P and lower limit T2F.
- I'm not sure about this, but I do think for now that to see any of the F's EE, one need T2F to be there.
- this reminds me the "to see an Aa we need a four bar context with P1-T1-P2-T2P ALL present in the trend". But we've seen the truth is not exactly what this sentence seems to say. Once we have P2 AND a wait preventing T2P to surge, we can find the Aa EE.
- so my DD would be that we can say when T2P is there, it established pragmatically the context for the C-band so for T2F to happen AND therefore this would lead to ID this 8th bar Fd being as it's the only EE I see after that sequence P1-T1-T1-P2-T2P-Wait-T2P, that can be a LVBO under T1.
- BUT, I also see the lower limit for Fd to surge is...T1... back to contradiction. If the lower limit is T1, how can this EE be a volume level which is below T1 ?...
I'm not sure about what to do to solve this, there are surely plenty of errors/omissions, inconsistencies in what I just described. I'm doing my best to find a way, or an exercise to get to the understanding of this scenario. It's a door that, when opened, will open many others, but for now, it remains closed for me.