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--- forex:price_action:impulsive_moves [2022/12/15 16:25] – peter
+++ forex:price_action:impulsive_moves [2022/12/15 16:33] (current) – peter
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+Impulsive moves about 75% of the time are followed by corrective moves.
+  * These corrective moves can either be horizontal, slightly against the impulsive move, or even slightly in the same direction, but they denote a change in the order flow and participation.
+  * 75% of the time, these corrective moves are followed by impulsive moves in the same direction as the original impulsive move.
+Because those who are in control, rarely give up control unless encountering a strong counter-trend force.
+  * Even then, they usually make a second attempt to take out a recent swing high or low before giving up.
+Only when they fail a second time will they usually exit the market, either waiting for a new chance to get in on a pullback, or reset completely.
+  * This is why V-Bottoms are quite rare and only form about 10% of the time.
+  * Usually there is a 2nd bottom, which is could be a LL (lower low), HL (higher low) or a similar low.
+This series between the impulsive vs. corrective moves will generally continue until the market encounters a counter-trend impulsive move, which usually translates to an equal or greater force on the opposing side of the market.