A. Motive Waves
Motive waves always move in the same direction as the trend of a larger degree does do. They subdivide into five waves.
Motive waves are relatively easy to recognize and interpret.
There are two types of motive waves :
1.) impulse
2.) diagonal.
General explanation of basic five wave in form of an idealized pattern.
Here you can see the Motive Wave action and the Corrective Wave action.
Thanks for your attention. I am going to try to post time by time some interestin posts about technical analysis. This posts are reflecting my learning process.
Be blessed, happy and keep it always going on.
