Using this as a trading journal. I haven't developed a complete theory on these patterns, but I do know they are symmetrical. The symmetry ends tonight AUS time in either the euro or early US session. My current thinking if it ends at the same edge of the channel as it starts (top/top or bottom/bottom), then it's a reversal. If it ends at the opposite edge (top/bottom or bottom/top) then it's a continuation. If todays asia/euro session bids up I think the trend reverses for now ... so we'll see later today
