A corrective wave refers to a temporary movement in the opposite direction of the main trend in a stock market or financial market. It is like a small detour or correction before the main trend resumes.
Sentences with «corrective wave»
As has been stated before, corrective wave analysis can be very important when trading binary options. (7binaryoptions.com)
Let's take a look at this type of complex corrective wave more closely and see exactly how a double combination is used to determine where to make a trade. (7binaryoptions.com)
This linking corrective wave will actually appear to move toward the opposite sense when compared to the current correction; this simply means it will go the same way as a previous trend. (7binaryoptions.com)