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":
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 🙏
send When you Can
send What you Want
gain Gratitude you Will