WAVE FUNCTION Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Facebook Sign in with Google TRIAL on https://www.freeforex-signals.com/ Every wave serves one of two functions: action or reaction. Specifically, a wave may advance the cause of the wave of a larger or interrupted. The function of a wave is determined by its relative direction. An actionary or trend wave is any wave that trends in the same direction as the wave of one greater degree of which it is apart. A reactionary or countertrend is in the direction of the opposite direction of the world. Actionary waves are labeled with odd numbers and letters. Reactionary waves are labeled with even numbers and letters. All reactionary waves develop in corrective mode. If all actionary waves developed in motive mode, then there would be no need for different terms. Indeed, most actionary waves do subdivided into five waves. However, as the following sections reveal, a few actionary waves develop in corrective mode, ie, they subdivide into three waves or a variation thereof. A detailed knowledge of pattern construction is required to distinguish between actionary function and motive mode, which is indistinct. A thorough understanding of the forms in the next section will have a clear impact on the Elliott Wave lexicon. Lesson 4: Motive Waves Motive waves subdivide into five waves with certain characteristics and always move in the same direction as the trend of one larger degree. They are straightforward and relatively easy to recognize and interpret. Within motive waves, wave 2 never retraces more than 100% of wave 1, and wave 4 never retraces more than 100% of wave 3. Wave 3, moreover, always travels beyond the end of wave 1. The goal of a motive wave is to make progress, and these rules of training ensures that it will. Elliott is one of the three actionary waves (1, 3 and 5) of a motive wave. As long as wave 3 undergoes a greater percentage movement than either wave 1 or 5, this rule is satisfied. It almost always holds on an arithmetic basis as well.