Wave Forecast

  Explanation What is Impulse? Impulse is a strong wave that reflects its trend. Reflecting trend means the direction of an impulse wave can go upside or down. When an impulse wave goes up, it will often be a part of a motive wave or it can also be a B wave in a corrective wave, conversely, when an impulse wave goes down, it will be a part of a corrective wave. As its name means, impulse wave is long-length and relatively quick to finish forming. So, in a larger frame, it seems single-directional wave or candle. An impulse wave often follows its trend with a massive volume and becomes a wave that breaks into a support or resistance line. Comment It is analyzed that 2nd wave is on the way at this moment. 2nd wave of the newly forming impulse seems to continue as a flat pattern and it is consuming much more time than the previous bearish wave that is seemingly 1st wave. C wave of Flat is always a motive wave but, in this current pattern, the current wave that is believed to be the C wave