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An impulse wave pattern describes a strong move in the price of a financial asset that coincides with the main direction of the underlying trend.
DailyFX.com - Talking Points -What is an impulse wave pattern in Elliott Wave Theory -How the pattern is constructed -How and what points in the.
A Wolfe Wave is a pattern used in technical analysis to time trades around a breakout.
GBP/USD made a bullish breakout as expected in our previous wave analysis. The bullish price action has reached the first target at 1.3250.