EuroMotif

"Pulse" of an asset times Fibonacci: NU at minor Impulse Redux

Education
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
As you know, Kiwi has been quite strong lately, across the Board.
It has made a return trip after a 6 month exploration of the Deep.
Now we will see the true strength of its conviction at the Core.

"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.

In this particular case it has already Pinged the 0.618.
As in most of all cases, it was rejected on first approach.
How it reacts here will offer insights into trend strength.

This is part my ongoing series to collect examples of my Methodology.

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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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