"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 buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least the first approach if not more.
NANO may have bottomed at the Impulse Border (for now)? If bulls can hold the Impulse Zone, more bulls should appear. If bears can push through the Impulse Core, lower lows likely.
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See some of my other Charts and Trade calls below. I also plot Forex and some Stocks, check my profile page.
(in Progress, perfect turns)
(caught the EXACT bottom)
(perfect entry and targets)
(instant Profits, no drawdown)
(massive Profits, breakout entry)
(massive Profits, short wait)
(massive Profits, instant Win)
(PERFECT targets, massive profits)
(Top warning just in time)
(Top warning EXACTLY in time)
(Early warning for Top)
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.