Tag: Price Action Basics
Lesson 57 — Corrections
Meet Corrections If impulses are market sprints, corrections are the oxygen breaks — slower, choppier pauses where price catches its breath. A correction is: Corrections matter because they show the market isn’t a straight-line rocket — even strong trends take breaks before deciding what’s next. 👉 Comic Illustration Idea #1:An astronaut runner stops mid-space sprint…
Lesson 56 — Impulses
Meet Impulses Ever seen price on a chart sprint like it just heard the ice cream truck?That sudden whoosh is called an impulse — a fast, aggressive move in one direction. An impulse is a burst of momentum where: Why do traders care?Because impulses show intent. They reveal when the market is not just strolling…