Corrective
Wave A
The first wave of a corrective sequence (A-B-C). Wave A establishes the corrective trend direction. It can subdivide into either five waves (in a zigzag) or three waves (in a flat). Identifying Wave A correctly is crucial for anticipating the rest of the correction.
RELATED TERMS
Corrective Wave
A three-wave structure that moves against the trend of the next larger degree. C...
Wave B
The second wave of a corrective sequence. Wave B moves against the corrective tr...
Wave C
The final wave of a corrective sequence. Wave C always subdivides into five wave...
Zigzag
A sharp three-wave corrective pattern labeled A-B-C where Wave A and Wave C are ...
Flat
A three-wave corrective pattern (A-B-C) where Wave A is three waves, Wave B retr...