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Concept

Acceleration Channel

A steeper channel drawn once Wave 3 exceeds the base channel. It connects the ends of Wave 1 and Wave 3, with a parallel drawn from Wave 2. Useful for tracking momentum expansion.

RELATED TERMS

Base Channel
The initial channel drawn from the start of Wave 1 through the end of Wave 2, wi...
Channeling
A technique where parallel trendlines are drawn connecting the ends of waves to ...
Wave 3
Usually the longest and most powerful impulse wave. Wave 3 is never the shortest...
61.8% RetracementAll TermsAdvance-Decline Line