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Definition

The strong moves in Elliot Wave theory which move in the direction of the larger degree wave. In Elliot Wave theory there ware two types of waves: impulse and corrective. Impulse waves are the dominant moves in the trend, whereas corrective waves move against the trend. When the trend is moving upwards, the strong moves upward are impulse waves and the declining waves are corrective. The opposite is true in a downward trend: the waves downward are impulsive and the positive moves upward are corrective.
<figure class="container-fluid"><img class="img-responsive" style="display: block; margin: 0 auto; max-width: 100%;" src="/onlinecourse/img/glossary/elliot-wave.jpg" alt="Elliot Wave" />
<figcaption style="text-align: center;">Elliot Wave</figcaption>
</figure>
In the diagram, wave 1, 3 and 5 are the impulse waves in the upward trend, and wave a and c are the impulse waves in the downtrend.

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