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What is Understanding ABC Corrections Post-Wave 5 about?

After the 5th wave of a bull cycle ends, a correction known as an ABC pattern will occur. This correction will be larger and last longer than the previous two corrections in waves 2 and 4. Unlike waves 1, 3, and 5 which are impulsive waves driving the bull cycle higher, waves 2 and 4 are corrective waves that temporarily slow the upward movement. The correction after wave 5 differs in that it corrects the entire bull move from start to finish, making it more significant than individual corrections in waves

Author

Saqib Zaidi

Language

EN