EuroMotif

Pulse of an Asset via Fibonacci: BTC hit the Murderous 9.618

COINBASE:BTCUSD   Bitcoin
"Impulse" is a surge that creates "Ripples", like a pebble into water.
Ripples emanate outward until energy dissipates or a new Impulse acts.
As distance from the impulse increases, the odds of wave ending increase.

The 9.618 extension is a often the violent end point of extended waves.
The 5.618 is often a decision point and in this case almost ended the run.
9-to-5 (9.618 to 5.618) is a common retrace, as was 5-to-2 earlier in run.

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Part of my ongoing series to collect examples of my Methodology: (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves <= Current Example
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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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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