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03Motive Waves

Moving with the trend

Pick a rule below to animate it
Elliott wave structureA price line rising and falling through labelled turning points 1, 2, 3, 4, 5.12345
Motive (1-5)

Motive waves are built from five smaller waves and travel in the same direction as the trend one degree larger. Of all the patterns, they are the easiest to spot.

A motive wave exists to move price forward, and each of these rules protects that progress. Motive waves come in two forms: the impulse and the diagonal.