
Technical | Analysis page 508 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 20 Elliott, Fibonacci, and Gann 479 and a corrective wave. The impulse wave is in the direction of the current trend; the corrective wave moves against the trend’s direction. During a bull market, the overall trend is called a motive impulse wave (upward price movement) and ends when a…