"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.
Followup from last snapshot above: That Ping on bottom boundary looks to have marked the top for today.
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Zoom OUT to original view We have a couple of "now obvious" supports (light green arrows) marked by local golden fibs. But in between is a not-so-obvious 3.236, and THAT would be the ideal bounce point.
This one MELTED the rebound wave (yellow highlights pa since posting of this idea).
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Zoom IN (5min) for a closer look at the CORE: Clearly this band has GRAVITY. When above, it got sucked back in. When below, will it suck it back up?
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Zoom in MORE (1 min) and THERE IT IS the PING. Ping as in "Give me a ping Vasili, one ping only please". And thus my rule: "Not all Pings start a Reversal, but Most reversals Start with a ping".
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Zoom OUT (30 mins) to imagine what might be next: (see notes on chart callouts) The wave's fib structure shows us the key levels. Some logic gives us a decision process.
NOW: if the wave starts ignoring this local fib, we will need to zoom out to our bigger fibs such as this bigger picture Idea:
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