An Elliott Wave Impulse Wave is a five-wave pattern that moves in the direction of the overall trend. The impulse wave is made up of three waves moving in the direction of the trend (known as waves 1, 3, and 5) and two waves moving against the trend (known as waves 2 and 4). This pattern is characterized by strong price movements in the direction of the trend, with wave 3 being the strongest and most powerful wave in the pattern. The impulse wave is followed by a corrective wave, which moves aga...
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