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":
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":
Note
In the live example at the top, we have just hit the Impulse Boundary .
Note
As expected, the Impulse Core was tested .
Note
Sorry for lack of update. The Impulse Core did not hold of course. But a decent bounce near very end of the impulse zone. .
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.