"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several.
Part of my ongoing series to collect examples of my Methodology: (click links below) Chapter 1: Chapter 2: Chapter 3: Chapter 4: <= Current Example Chapter 5: Chapter 6:
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect.
every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms.
He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos.
Ordered Chaos
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Comment
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PIng
Let the battle BEGIN (that is bottom of the Impulse Zone)
Hello there. This means ...? Can we go over this 440usd resistance to 480usd now or not?
EuroMotif
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@arnnye27, HI, good question.
This means that the "serious" resistance starts at $459.
If bulls get past that, then $481-495 will be the toughest resistance.
After that, $517 becomes Bear's Last Stand (assuming $500 round number does not stop it)
arnnye27
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@EuroMotif, Thanks for your feedback. And a point of entry now or is to risky? Should i wait for a corection? I sorrely sold out at 380usd and dind't manage to get back in.