IDEA
Every decade has a trend. One decade is an impulse the the next is retracement.
EXPLANATION
It first takes liquidity at the beginning of the decade(old high or low).
Then impulses until around the 5th year.
The 5th year typically retraces, then continues impulsing from 6th to 10th year.
Summary:
0-1: Liquidity run
1-4: Impulse
4-6: Retracement
6-10: Impulse
Every decade has a trend. One decade is an impulse the the next is retracement.
EXPLANATION
It first takes liquidity at the beginning of the decade(old high or low).
Then impulses until around the 5th year.
The 5th year typically retraces, then continues impulsing from 6th to 10th year.
Summary:
0-1: Liquidity run
1-4: Impulse
4-6: Retracement
6-10: Impulse
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.