Pulse of an asset in Fibonacci: BTC at minor Impulse Redux

Apr 16, 2020

Global markets in turmoil.
Nobody anywhere wants oil.
Corona still being a gargoyle.

But there is order within the chaos.
Cuz the waves crest only on the rocks.
For those who see can set their stops.

"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: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
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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Apr 16, 2020

Note

"Rejection is expected on at least first approach if not several."


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Apr 16, 2020

Note

Here we are again.

Right up against the Core

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Apr 16, 2020

Note

Bulls' Best chance here Perfect Pings with which to launch

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Apr 16, 2020

Note

What a Battle!

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Apr 16, 2020

Note

Breach and Retest

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Apr 17, 2020

Note

da core be tuff


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Apr 18, 2020

Note

Breach and Retest!

Bulls finally breached the Core and bears are pushing back down for a retest

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Zoom IN (3 min) for a closer look at the breach Even past the Impulse, the "Rhythm" is still active.
Very clear reaction at the -0.618 (negative) and -0.236.
Also, bulls are at risk of getting trapped within the Impulse zone again.

So this is the deciding moment really.
Do bulls maintain the breakout and move ahead?
Or do bears push back down through the Core?

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Apr 19, 2020

Note

Bulls may have Flipped the Core

Retested and looks to be confirmed as support

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Zoom IN (5 min) for a closer look Core boundaries still relevant, quite a battle in there.

Lets see where this goes next.
If price falls below the Core and again, it will be very difficult to get back above....
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