It would be a shame calling myself a Parabolic Snail and not understanding the F -1 environment.

The main characteristic of the F minus 1 is the complete lack of counter directional volatility, not even an F1 pullback (40 pips) and the 30 min S-30 goes untouched by the fractals. Also the progression count would likely be above 3 at this point, a rally does not start in parabolic mode, it shifts gears to reach it. There is no telling what such market can do, but there would have to be 3 breaks occurring before a full revesal. One: coming back inside the 30 sample Bollinger, Two: closing below the 8-EMO, Three: closing below the S-30.

Finally there’s a money flow extreme, so a revesal zone would likely be printed soon (3.5 hours more).

This is now too close to the prior high not to make an attempt on it.

The good news is that once the parabolic move is over, the other direction would be able to fluorish from then on.

Where did this go parabolic? When they went aggressive on reversing price before a 40-pip dip and before getting to the S-30.

if (Period()==30 && ExtATRBuffer[ArrayMinimum(ExtATRBuffer,16,i)]>-40 && Low[i]<iMA(symbol,0,30,0,MODE_SMA,PRICE_MEDIAN,i)+100*Point && Low[i]>iMA(symbol,0,30,0,MODE_SMA,PRICE_MEDIAN,i)) {
   ObjectCreate("PLOTA"+i,OBJ_TEXT, 0, Time[i], Low[i]+25*Point);
   ObjectSetText("PLOTA"+i, CharToStr(71), 86, "WingDings", clrDeepPink);
}

To answer my own question about this move down and back up, if it was a volatility whip, I say klaro.

Higher high, yes. A volatility whip is not a Wave 3. Energy is on the rise while price is rising. That’s not the direction of the push. Wave 1 would be called upon the next move hitting the daily 30 BB’s bottom rail.

Clearly the higher the better for Christmas opex premium confiscation tomorrow.

I think the next week you’re going to see the opposite of this candle with high volume churn down.

…the levels are settled.

If I had to guess, you could see a 1.1030 print, but not a 1.1040. After that B-line to the daily E9.