This Chapter is to observe the results of price Returning to Impulse.
I will be adding examples as ongoing "Updates" whenever I spot them.
Impulse = strong continuous force for a limited amount of time.
When there is a return to Impulse, it is a critical zone to watch.
Rejection from, Penetration of, or Traversal through are clues.
In this particular example, there was clear and exact Rejection.
The resulting move followed the same Ripples as original move.
Possible Deduction: the selling power in this Impulse is still 100%.
Please take momen to look at the previous Chapters below.
Original Edition with numerous examples:
Chapter 2 with more advanced exampels:
Chapter 3 to study the 9.618 Extension in particular:
ALSO see the numerous other examples in the "Related Ideas" below.
the Trading View is my Nation.
the Moderator Tag is my Flag.