Corrective
Sideways Correction
QUICK DEFINITION
Sideways Correction in Elliott Wave Theory: 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.
What Sideways Correction Means
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.
Where You'll See It
Sideways Correction 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.
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
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...