Impulse
Motive Wave
QUICK DEFINITION
Motive Wave in Elliott Wave Theory: Any wave pattern that propels prices in the direction of the next larger degree trend. Motive waves always subdivide into five sub-waves. The two types of motive patterns are impulse waves and diagonal waves.
What Motive Wave Means
Any wave pattern that propels prices in the direction of the next larger degree trend. Motive waves always subdivide into five sub-waves. The two types of motive patterns are impulse waves and diagonal waves.
Where You'll See It
Motive 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.
LEARN MORE
- → 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