EuroMotif
Education

The "Pulse" of an asset times Fibonacci: Tron revists Impulse ?

BINANCE:TRXBTC   TRON / Bitcoin
Part of my ongoing series to observe certain Price Action events.
An "Impulse" creates "Ripples" like when a Pebble falls into Water.
The Ripples make up the "Wave" which eventually ends and recedes.

As the Wave recedes, it will collide with Ripples in opposite direction.
If the Wave returns to Impulse, that is an event worth close scrutiny.
As the Wave gets closer, each turn in price provides a clue to the future.

Are the Buyers of the Impulse still there?
Are they eager to jump in earler this time?
Are they exhausted and abandoned the core?

The above example is part of this collection of "Impulse Redux" events:
Examples of my General concept of "Pulse of an Asset" started here:
Further detailed examples of the General Concept in "Chapter 2":
Lastly here is another collection of a specific occurance, the "9.618 Murderer of Moves":
May 09
Comment: In the live example at the top, we have just hit the Impulse Boundary and a little bounce as can be expected, but the Impulse clearly does not have much energy at the boundary. Likely the Core (.618 - .382) will be reached.

.
May 09
Comment: As expected, the Impulse Core was tested and seems to be bouncing, just as BTC is cooling off.

.
May 15
Comment: Sorry for lack of update. The Impulse Core did not hold of course. But a decent bounce near very end of the impulse zone. Now we need to get past 389 sats asap then 410, to have any hope of uptrend starting.

.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Wealthy I am not
Needy I hope not
Gifts do help out

🙏 BTC 🙏
1Pi1dcYaueUSo2ufrdaQtHYivbcfu1W9LQ

send When you Can
send What you Want
gain Gratitude you Will
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out