ABC Correction in Elliott Wave Theory An ABC distribution is a 3-wave pullback against the main trend in financial markets following Waves 1-5 uptrend A: First move against the trend (often strong, 5 small waves) B: Partial bounce back (weaker, 3 small waves) C: Final move
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ABC Correction in Elliott Wave Theory An ABC distribution is a 3-wave pullback against the main trend in financial markets following Waves 1-5 uptrend A: First move against the trend (often strong, 5 small waves) B: Partial bounce back (weaker, 3 small waves) C: Final move