The "Pulse" of an asset times Fibonacci: BTC at Impulse Redux

Here we are at another critical moment.
Bulls held their last Impulse Core per this plot (click)
Now attacking the Bear's last Impulse Core.

"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 sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.

This is part my ongoing series to collect examples of my Methodology.

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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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تعليق:

PIng.

perfect test of the Core boundary

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Bears have won Round 1, and pushed the bulls out

now the bulls need to hold Band 2, preferably with a strong bounce off the 2.236 around $9790.

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Better snapshot showing prices at each fib level

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Ping. on lower bound of Impulse Core

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Bulls have breached the Core this time

but still facing a battle. This is where bears will put up a last fight.

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So the Impulse was overrun, and retested from above

Now the bulls need to hold the top of that Impulse around $10,250. Overall, this looks like a "wave 3" that will correct with a "wave 4" and then make another push for "wave 5". Am plotting the possibilities now.

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