Saturday, burning time.

1st conclusion is in line with what I have been pointing to for some time. A turn does not occur without the fractal energy reserves rising first. This kind of means that there would be a volatility surge allowed by the excess energy gained by the motion, and so here’s another proof.

The same sequence of events seem to mark the turning process.

Magenta line is 35-sample Exponential Opens. The 4 yellow / cyan lines are 26 pips extra displacements.

Small channel is between the first yellow and cyan. Wide channel is between the second yellow and second cyan.

The boxes are highlights of the optimal entry. They are mostly a capped move at the Fresh Long / Fresh Short line which is the 20-pip displacement.

In this second example volatility spun up , and the optimal entry was one more line out.

I drew those horizontal brown lines on the outreaches.

Which brings us to the current turn. The volatility grew a bit to from a narrow to a wide channel, but not the Enigmatic level, therefore I would not count this as a reversal, but rather a buying opportunity for a continuation from around the Part 2 yellow, wide channel limit.

Typing the last line’s three letters reminded me of Alex Nason’s twitter handle which is WEF is the next WTF.