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Technical

Volume

The number of shares or contracts traded during a given period. In Elliott Wave, volume typically expands during Wave 3, contracts during Wave 4, and shows divergence during Wave 5.

RELATED TERMS

Momentum
The rate of change in price movement. In Elliott Wave analysis, momentum typical...
Wave 3
Usually the longest and most powerful impulse wave. Wave 3 is never the shortest...
Wave 5
The final impulse wave in the motive sequence. Wave 5 completes the trend and is...
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