"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.
Plotted here is the wave down from DOW's All Time High. The Impulse started and defined the pullback from ATH. We have now returned to the Impulse Core at End of Week.
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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want to Learn a little More? can you Spend a few Moments? click the Links under Related.
Comment
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Battle for the Impulse Core
As expected, a rejection and now a breach of the core
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Zoom in (15 min) Note the Blue arrows first a rejection at lower boundary of the Core. Now we are at the upper boundary. Was pierced recently, might go higher.
current btc targets with drawn from 2 candles: and drawn from 3:
which one to go with? :D
MartinWeb
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you got something right there for sure. do you always draw the first candle to the first one? or do you sometimes also use a third? when i use a the last top before the dip the outcome is also fine
Memetocene
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Your work, your observation, is ridiculously valuable. Mx