Impulse Wave
Impulse Wave in Elliott Wave Theory: A five-wave motive pattern (1-2-3-4-5) that moves in the direction of the trend at the next larger degree. Impulse waves have three strict rules: Wave 2 never retraces 100% of Wave 1, Wave 3 is never the shortest impulse wave, and Wave 4 never enters Wave 1 price territory.
What Impulse Wave Means
A five-wave motive pattern (1-2-3-4-5) that moves in the direction of the trend at the next larger degree. Impulse waves have three strict rules: Wave 2 never retraces 100% of Wave 1, Wave 3 is never the shortest impulse wave, and Wave 4 never enters Wave 1 price territory.
A bullish impulse: Wave 1 rallies, Wave 2 corrects, Wave 3 surges (longest), Wave 4 consolidates, Wave 5 makes the final push higher.
Where You'll See It
Impulse Wave appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the impulse family of Elliott Wave concepts and shows up most often when analysts are labelling the 5-wave impulse structure that drives the larger trend.
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments