Elliott Wave
The entire wave is up as it moves from the
lower left to the upper right of the chart.
Waves 1,3 and 5 are impulse waves because
they move with the trend.
Waves 2 and 4 are corrective waves because
they move against this bigger trend.
A basic corrective wave forms with three waves,
typically a, b and c.
The entire wave is up as it moves from the
lower left to the upper right of the chart.
Waves 1,3 and 5 are impulse waves because
they move with the trend.
Waves 2 and 4 are corrective waves because
they move against this bigger trend.
A basic corrective wave forms with three waves,
typically a, b and c.