Impulse
Wave 2
The first corrective wave in an impulse sequence. Wave 2 retraces a portion of Wave 1 but never retraces beyond its starting point. Common retracements are 50%-61.8% of Wave 1. Wave 2 corrections tend to be sharp (zigzags).
The first corrective wave in an impulse sequence. Wave 2 retraces a portion of Wave 1 but never retraces beyond its starting point. Common retracements are 50%-61.8% of Wave 1. Wave 2 corrections tend to be sharp (zigzags).