The most common form of motive wave. An interactive walk through
the five-wave impulsive structure: click through the pattern
building, wave by wave, and read what each represents in market
psychology.
Rule violated: Wave 4 cannot enter Wave 1's territory
Click any wave for details·drag the labels to test the rules
Step 1 of 8
The Pattern Begins
Try this
End of Lesson 1
The impulse is the building block of every trend in Elliott
Wave theory. After the five waves complete, the market enters
a corrective phase, the subject of Lesson 2.
