WAVE CYCLE
1 June 2016 By PDSNETAn impulse wave followed by a correction wave, the impulse wave being made up of five smaller, numbered waves of alternating direction designated 1, 2, 3, 4 and 5, and the correction wave being composed of three smaller alternating waves designated a, b, and c.
![Elliot Wave](https://www.pdsnet.co.za/onlinecourse/img/glossary/elliot-wave.jpg)
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