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Impulse

Wave 1

The first impulse wave in a five-wave sequence. Wave 1 is often the hardest to identify in real-time because it emerges from the end of a prior correction. It subdivides into five smaller waves and establishes the new trend direction.

RELATED TERMS

Impulse Wave
A five-wave motive pattern (1-2-3-4-5) that moves in the direction of the trend ...
Wave 2
The first corrective wave in an impulse sequence. Wave 2 retraces a portion of W...
Leading Diagonal
A wedge-shaped motive pattern appearing only in the Wave 1 or Wave A position. I...
TruncationAll TermsWave 2
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