Before we dive into Marat's insights, let's cover the basics of Elliott Wave Theory:
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Impulse waves are characterized by a strong and sustained price movement in the direction of the trend, while corrective waves represent a reversal or consolidation of the trend. Elliott identified five impulse waves (1, 3, 5, A, and C) and three corrective waves (2, 4, and B). Before we dive into Marat's insights