What is Impulsive Wave

Shakespeare once said Whats in a name? That which we call a rose by any
other name would smell as sweet.But most often the meaning of a technical
term is hidden in terminology itself. Given the context and the words, you can
deduce the meaning of the difficult sounding but conceptually easy technical
terms.

Impulse wave is a technical pattern from the Elliot wave theory. If you have only
a passing idea what technical patterns is about you should be able to guess that
impulse wave must a pattern in which there is a sudden price movement. More
specifically impulse wave pattern is a strong movement in the price of a stock,
which is coinciding with the underlying trend. The main direction of the
underlying trend can be either upward or downward.