The Impulse And Diagonal Wave - Deepstash
The Impulse And Diagonal Wave

The Impulse And Diagonal Wave

The two main phases of the crypto markets are motive and corrective. With a little training, these phases can be relatively easy to spot on a chart.

Any strong directional moves are likely to be motive waves, as their goal is to make progress. Also, motive waves are thought of as having five subwaves inside of them. There are only two patterns that you will find in the motive phase: the impulse wave and diagonal wave.

The impulse wave is the more commonly spotted pattern. Additionally, within an impulse, Waves 2 and 4 are the corrective waves, having completely different patterns.

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danielm

This is my attempt to stay away from Fortnite :)

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