Pulse of an Asset via Fibonacci: SKL at major Impulse Redux

"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 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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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.

Comment:

Here we are

At the CORE

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Zoom in a bit (1 hour)

trying to catch some buoyancy from the core.
Lets see if we can lift out of there with some force.

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Zoom in MORE (15 min)

there we are few rejections at the top boundary of the core.
Now we are trying to exit, hopefully having fueled up!

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Comment:

Thus my faith in Impulse CORE's

Gorgeous PA down there in the core:

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Zoom IN (2 hour) for a closer look at the Impulse Zone

Nice bounce right up to the top bound of the Impulse

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Zoom in MORE (5 min) and we have a PING on the Impulse boundary

Watching closely here.
It may reject at this level,
or it might exit and RUN.

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Comment:

This Impulse Core was confirmed with 11.089x precision:

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Comment:

We have some TARGETS now.

Adding the fib of bounce in blue stripe:

"wants" the 4.236 at .1703 minimum,
extra credit at .188x double fib,
which if hit will very likely retrace from there

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Comment:

Follow to last snapshot above, that was looking for 3 targets:

Passed 2nd target and almost got to 3rd target
Subsequently rejected by the top bound of Impulse zone (light green)
Might have support at the blue 2.236, see if we can test that .16 resistance again.


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