Elliott Wave Basics · Lesson 2 of 6

The Corrective Wave.

What follows every impulse. An interactive walk through the three-wave A-B-C correction: click through how each corrective wave forms, read what each represents psychologically, and test the boundaries that distinguish a zigzag from other corrective forms.

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Figure II
The correction that follows
Wave Personality
Wave 1
The First Move
Skeptical

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Rule violated: Wave 4 cannot enter Wave 1's territory
Price Time IMPULSE HIGH 1 2 3 4 5 A B C In a zigzag: Wave B stays below the start of Wave A
Step 1 of 8

The Pattern Begins

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