What is the meaning of ABC?

Elliott wave terminology for a three-wave countertrend price movement. Wave A is the first price wave against the trend of the market. Wave B is a corrective wave to Wave A. Wave C is the final price move to complete the countertrend price move. Elliott wave followers study A and C waves for price ratios based on numbers from the Fibonacci series.

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APABarry Goldsmith. (2010). abc. Retrieved September 21, 2026, from http://smartdefine.org/abc/definitions/1146904
ChicagoBarry Goldsmith. 2010. "abc" http://smartdefine.org/abc/definitions/1146904 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, abc, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/abc/definitions/1146904>.
MLABarry Goldsmith. "abc" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/abc/definitions/1146904>
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