Please see https://www.youtube.com/watch?v=NJn2DlLxOHg&t=376s and the comments from the video.
It appears as though the traverse dialog no longer has the drop down list showing the different parcel types. There was also a comment that this functionality was available in ArcGIS Pro 2.9 and earlier, but not 3.0 onwards.
Our team is investigating the use of ParcelFabric and would love to use this functionlity