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Corrective

Corrective Wave

QUICK DEFINITION

Corrective Wave in Elliott Wave Theory: A three-wave structure that moves against the trend of the next larger degree. Corrective waves are labeled A-B-C and include patterns like zigzags, flats, and triangles. They appear as Waves 2 and 4 within impulse sequences.

What Corrective Wave Means

A three-wave structure that moves against the trend of the next larger degree. Corrective waves are labeled A-B-C and include patterns like zigzags, flats, and triangles. They appear as Waves 2 and 4 within impulse sequences.

Where You'll See It

Corrective Wave appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the corrective family of Elliott Wave concepts and shows up most often when analysts are decoding a 3-wave correction inside a larger impulse — A-B-C, zigzag, flat, or triangle.

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RELATED TERMS

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...
Triangle
A five-wave sideways corrective pattern labeled A-B-C-D-E. Triangles form conver...
Wave 2
The first corrective wave in an impulse sequence. Wave 2 retraces a portion of W...
Wave 4
The second corrective wave within an impulse sequence. Wave 4 never overlaps wit...
CorrectionAll TermsCorrelation