This is my 4th Idea or "Chapter" to collect evidence for my theories. This Chapter is to observe the results of price Returning to Impulse. I will be adding examples as ongoing "Updates" whenever I spot them.
Impulse = strong continuous force for a limited amount of time. When there is a return to Impulse, it is a critical zone to watch. Rejection from, Penetration of, or Traversal through are clues.
In this particular example, there was clear and exact Rejection. The resulting move followed the same Ripples as original move. Possible Deduction: the selling power in this Impulse is still 100%.
Please take momen to look at the previous Chapters below.
Original Edition with numerous examples:
Chapter 2 with more advanced exampels:
Chapter 3 to study the 9.618 Extension in particular:
ALSO see the numerous other examples in the "Related Ideas" below.
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Update on original LTC chart at top. Another return to Impulse, and Rejection from the core. BUT the original Ripples from the Impulse seem to be loosing strength after a perfect Ping of the 4.236. ie: there was probably a new Impulse pushing up from the 4.236 which I am plotting separately, but for this study the return to Impulse Core is of most interest.
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BNB/BTC with a great example of TWO impulses, the 2nd one caused by reflection off the 1st
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WTC/BTC with a perfect example. Returned to Impulse, rejected by the .618 within
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TRX/BTC with an Impulse Redux in progress in this Live idea
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Many examples from the CyrptoVerse right now, BTC/USD here a very important Impulse That impulse is at the very TOP of a parabolic move, break through could lead to 10k prices quickly.
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XRP/USD fighting an intermediary Impulse below a recent top (which has another impulse not shown)
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FET/BTC a very new asset launched by Binance exchange, and currently only traded there
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BNB/BTC speaking of Binance in above example, this is their "IEO" token, used for fee deductions and other benefits to Binance traders
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NANO/BTC bulls holed up with Bears attacking the Impulse
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EUR/USD also with Bears attacking the buying Impulse
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BTC/USD with an example of a return to upward Impulse
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S&P 500 just hit Impulse Redux
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S&P 500 Follow up to above Idea: Wow, what a bounce!
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XAU.USD approaching Impulse:
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GBP.USD with live example (did bounce there, in case chart stops playing live in future)
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BTC.USD at a possible "top" of parabolic rally of early 2019
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BTC.USD with a live example of a Minor and Major Impulse to battle
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XAU.USD in fight for life of historic uptrend (broke 5 year highs and retracing)
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LINK.USDT Live example of Impulse Redux, and two rejections.
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BTC.USD live example after a massive spike up
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BTC.USD with another live example of a MAJOR Impulse Redux, being visited for the THIRD time:
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QuantumScape stock with a live example of post-covid collapse into the Impulse Core
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BTC.usd with a SPECTACULAR live example: Impulse down from a record high, rejecting many times.