"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 note more.
Stock Market really really needs to bounce here. Dropping through Impulse would be catastrophic. Bounce must be strong enough to pass several fibs.
This is part my ongoing series to collect examples of my Methodology. This very same Fib Sequence allowed me to . Similar use of Fib Sequences allowed me to .
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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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Mixed signals at market open on Monday Nice clean bounce off top boundary of the Core, but followed by possible rejection at top boundary of the impulse. This is a crucial day for the Stock market, no doubt about it.
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Oops, thought I had posted an update. But here is the SPECTACULAR bounce we go from the Impulse Core Sure there was Trade War news that helped, but such news happening while in the Impulse Core is like warp engines being engaged.
@SharkbaitAl, wow indeed!
This example was one of the more spectacular reactions to an Impulse Core.
But this happens a lot, in all assets, in all timeframes, though most of the times it is not as explosive...
So I always buy or sell at an Impulse Core, the odds are just too good and the RR is awesome!
SharkbaitAl
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@EuroMotif, Thank you for all of your clear examples in your "book," it was fascinating to study and I plan to continue to do so! I noticed many are not as explosive and some offer multiple opportunities. Still I agree, the core seems to offer incredible R:R opportunities!
SharkbaitAl
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@EuroMotif, I have been messing around with Fib placement myself tonight on smaller time frames to see how they react and play out for educational purposes. This one seems interesting to me.