(binned per thread starter's request) Market bottom rotation trad

CAMP decent gain there on ask stack and break of demand. Sold a bit early to release some buying power. 2 R gain in total on short.

CAMP wasnt tracking it but it formed another ask stack, although i wasnt watching so its hard to say if that was entry, depends on action.

AMKR bid stack, going to fill some long.

AMKR long sold for 3R gain. Tight SL just bellow the ask line of support is where one always wants to position in stack area.

DHI potential trend rotation into up trend, behaviour confirming it.

DHI long sold up trend rotation baked.

NWL now on watch, potential rotation of pullback leg along the impulse. Its still in decent up trend overall from early today so likely a rotation to set up, needs a momentum move on HH bake for entry.

ELY potential volatility tunnel setup, tightening from both sides, watching if it establishes bid ask stack for potential entry long.

NWL long sold for 2 R gain, pullback leg rotation baked.

ELY longed bid stacking well, either a strong squeeze or break even.

MAS bid stacking after the strong HH print on pullback leg rotation ,looking for long play.

ELY alright thats the last one for today, volatility tunnel longed on first attempt but the squeeze was weak, after it started to clearly fade with lower highs - started to track the bid if it shows weakness for short. Shorted and then covered, 3 R gains total on both.

Alright so recap of all traded and explained (somewhat) patterns on thread so far. Attaching previous picture from page 100, and additional new one of patterns that havent yet been explained in details.

Volatility tunnel

Two of the main characteristics of volatility tunnel are tightening towards the end and strong symmetry of moves / legs. Structure should be pushing clearly towards one side, usually that side is following the overall previous momentum, and the tunneling structures can be quite different across. Very important to focus on structures with minimum 3 highs and lows in them, but better to focus on much more than that, which will ensure that structure will tighten more and more providing better RR.
When it comes to symmetry what i mean by that is that there should be behaviour of moves in each leg that replicates its previous leg, for example all bullish legs in structure should have some behaviour symmetry in sense of how strong or weak and how long it took for leg to complete, in proper volatility tunnels usually bull-bull legs and bear-bear legs bear similar behaviour.
Volatility tunneling structure needs to keep tightening without any exceptions of highs or lows disconnecting the overall flow, the more the structure towards right ( no matter if its bull or bear setup) it should be forward tightening. Best tunnels have at the end structure completly tight into channel or bid/ask stack where spreads and liqudiity increases severlly and the volatility is just around the corner to explode.
Some volatility channels will go counter the previous momentum and will actually be part of bottoms or tops, altough those are more rare than the momentum ones.
Either of them is a valid entry as long as volatility tunnel clearly tightents towards the end.

Important: To trade tunnels profitably trader needs very aggressive risk control, using the actual break line as risk guide, no use of extreme highs or lows should be used as it yields break even results at best. One the squeeze begins the price should go in traders favour straight on, no DD. Make sure that the last pop of tightened channel is on soft or strong momentum to prevent fake breaks.

Trader should use trendlines (ended trendlines to prevent confusion, not unlimited lenght rays) and connect each high to next important high and each low to next important low and structure with its behaviour should point that logically behaviour symmetry follows the way in how trader connected whole structure into tunnel.

Quick quiz for those who went trough thread, check on continuation setup. All answers can be found in thread, feel free to answer on thread or not up to anyone.

Continuation setup along the momentum.

1.Strong impulsive momentum is the first required variable to seek for continuation play?
True / false

2. Second most important variable in continuation play is having at least 2 - 3 highs and lows in structure?
True / false

3.Can bullish continuation setup with flat upper trendline be traded (upper trendline that does not drop from left to right)?
True / false

4.Under macro capital flows, shown as very strong momentum on asset (usually) continuation setups are more likely to appear than under normal market conditions?
True / false

5.Having a strong consolidated structure with at least 4 highs and lows in continuation structure is more important than having a strong momentum ahead of it?
True / false

6.When whole market (index) is falling bullish continuation setups appear with the same statistical chance just as in choppy or bullish market?
True / false

7.Placing SL bellow strongest extreme of continuation bullish structure is the best way to manage risk?
True / false

8.The more the continuation structure tightents towards right side the lesser the RR will be on a trade?
True / false

9. Having strong confirmation of behaviour change in structure (for example bearish structure unable to deliver strong bull bounce anymore) is just as good as having strong momentum confirmation on break?
True / false

10. Continuation setups are relatively frequent plays (of all the so far presented patterns)?
True / false

its all true

That tells how much you read the thread :-)

,.

Alright answers:

1.Strong impulsive momentum is the first required variable to seek for continuation play?
True / false

2. Second most important variable in continuation play is having at least 2 - 3 highs and lows in structure?
True / false

3.Can bullish continuation setup with flat upper trendline be traded (upper trendline that does not drop from left to right)?
True / false

4.Under macro capital flows, shown as very strong momentum on asset (usually) continuation setups are more likely to appear than under normal market conditions?
True / false

5.Having a strong consolidated structure with at least 4 highs and lows in continuation structure is more important than having a strong momentum ahead of it?
True / false

6.When whole market (index) is falling bullish continuation setups appear with the same statistical chance just as in choppy or bullish market?
True / false

7.Placing SL bellow strongest extreme of continuation bullish structure is the best way to manage risk?
True / false

8.The more the continuation structure tightents towards right side the lesser the RR will be on a trade?
True / false

9. Having strong confirmation of behaviour change in structure (for example bearish structure unable to deliver strong bull bounce anymore) is just as good as having strong momentum confirmation on break?
True / false

10. Continuation setups are relatively frequent plays (of all the so far presented patterns)?
True / false