Corrective
Sideways Correction
A corrective pattern that moves mostly horizontally with relatively shallow retracement. Flats and triangles are typical sideways corrections. They are common in the Wave 4 position.
RELATED TERMS
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...
Sharp Correction
A corrective pattern that retraces deeply and quickly, typically a zigzag or dou...
Wave 4
The second corrective wave within an impulse sequence. Wave 4 never overlaps wit...