Elliott Wave basic 1. impulse wave (5 sub waves or leading diagonal) 2. corrective wave (corrective patterns) 3. impulse wave (5 sub waves or extended 5 sub waves) 4. corrective wave (corrective patterns) 5. impulse wave (5 sub waves, extended waves, ending diagonal or failure) Elliott wave rules 1. wave 2 does not fall below the starting price wave 1 (point...