Purple Volatility Crush

So how do you become a Kai Volatility Supervisor?

You plot the volatility and you start staring at it. It is almost like a door supervisor. Trust me, I have a license for that.

You need to be staring at it until you turn purple or the volatility line turns on the purple marker (53 pips).

Then the coming volatility crush is likely to draw the “shape” without fail. A long play this one is.

Prior examples:

Now, as for some actuality, something fishy is going on. See, the SOB has only been violated today (blue marker). This normally results in a move down (bungee I call it) that is 70-86 pips, after the upside is failed.

Actually, it may just be printing an Echo on the upside. The only thing preventing currently is that the last hour wasn’t fully above the 8 EMO. The next hour could trigger an Echo plot if it were to make a higher high and close down 1/3 of the candle. At this point, I’m thinking of not going into the weekend unhedged.