An Example For Understanding Impulse & Counter Impulse
Some One again asked me to Provide additional detail on Trending Impulse & Counter Impulse , and How to Consider the Corrective wave A B C
Counter Impulse: This one is very strong here Institutional tend to take price very fast , You many not get entries because with in 15 Mints they will move this , because in order to Counter the Main trend They tend to do this move , where Many will take stop loss in case form downward to upward counter is done , and stop loss in case up ward to downward counter is done , This is 1st Indication that , the trend is going to be in Pause or Side ways for a while before resuming the Main trend
Wave A is inline with Main Trend Pulse which will impulsive
Wave B is Against the Main Trend after an Impulse and Correction of Wave A , Usually People will have less faith , due to which Wave B will be very Complex in nature , Many tend to take stop loss ,
Wave C is inline with Main Trend pulse which will be impulsive
Well i have made a small efforts in explaining again , if you know it ignore it , and if you like it hit the like button
Good Luck
Counter Impulse: This one is very strong here Institutional tend to take price very fast , You many not get entries because with in 15 Mints they will move this , because in order to Counter the Main trend They tend to do this move , where Many will take stop loss in case form downward to upward counter is done , and stop loss in case up ward to downward counter is done , This is 1st Indication that , the trend is going to be in Pause or Side ways for a while before resuming the Main trend
Wave A is inline with Main Trend Pulse which will impulsive
Wave B is Against the Main Trend after an Impulse and Correction of Wave A , Usually People will have less faith , due to which Wave B will be very Complex in nature , Many tend to take stop loss ,
Wave C is inline with Main Trend pulse which will be impulsive
Well i have made a small efforts in explaining again , if you know it ignore it , and if you like it hit the like button
Good Luck
Comment:
They pushed up and then Retesting , Look for daily high brake in order to enter
Trade active
Comment:
High Beta stock , Look for entering only after 4 Hour bullish brake out , lots of inter day players will make this scrip more complex
Comment:
this one has become rattle snake now a days , trying to lure the retail and then take bite , stay away until you get the Good buying set up