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Reviewing the Basics of the Elliott Wave Principle: The Impulse Wave

Free lesson from Jeffrey Kennedy's Trader's Classroom

by Erin Hindes
Updated: April 28, 2016

The Wave Principle classifies price action as either motive or corrective. Motive waves move in the direction of the trend and include impulse waves and diagonals. Today, you can watch a lesson from Jeffrey Kennedy's Trader's Classroom in which he teaches you about the basics of the impulse wave and then shows you how to identify one on an actual chart of Goldman Sachs Group, Inc. (GS)

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