Had to preserve this specimen as an Idea. Perfect 12345 impulse up, and ABC retrace. Each wave had its Impulse and perfect Ripples.
Is it just Hind Sight? No, I was posting each wave live in the Crypto Chatroom here on TV. Several trades were called and executed based on these waves and Fibs.
Do we go up now? No Idea. But IF a rally is to build, HERE and NOW is perfect. Long entry at the 4.236 was a no-braniner, with SL at the 4.618.
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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want to Learn a little More? can you Spend a few Moments? click the Links under Related.
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Ping on the blue 2.618. This is critical, as the 2.618 is a common rejection point
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We definitely got a new upward Impulse at the end of wave C But its amplitude and Ripples are not looking particularly strong. BUT none the less a good sign to see a Rhythmic move, which is the first and minimum requirement for sustained momentum.
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Neither Bulls nor Bears are willing to "cross the line" apparently