Three-Wave Structure in Elliott Wave: Complete Guide to Corrective Waves Elliottwave_Forecast 20:53 What is the Three-Wave Structure? The three-wave structure is a fundamental concept in Elliott Wave Theory that explains how markets move during corrective phases. Unlike trending moves, corrective waves follow a three-wave pattern labeled A–B–C, moving against the direction of the dominant trend. In simple terms, the three-wave structure represents market corrections, where price temporarily retraces before continuing in the primary direction. To fully understand the three-wave structure, it’s important to first learn the fundamentals of Elliott Wave Theory. Understanding this structure is essential for traders who want to identify pullbacks, reversals, and high-probability entry zones. How