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Waves 1, 3 and 5 define the basic direction of the trend movement (impulse), while waves 2 and 4 are the so-

  • Waves 1, 3 and 5 define the basic direction of the trend movement (impulse), while waves 2 and 4 are the so-called corrective movements. In other words, the impulse waves are the arrows that reach their target depending on the correction (tension of the bow).
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Impulse and correction in the same wave degree. The three impulse waves are in a Fibonacci ratio to each other.
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