Blue arrows = impulses, voilation or retest of previous move's range. Red arrow = corrections, priceaction within previous move's range. Trend = at least two impulses of same direction with a correction between them. Consolidation = at least two impulses of same direction with an impulse of opposite direction between them. Price moves in trends. A trend remains active untill it shows the sign of reversal. Sign of reversal = violation of the initial point of the last trend's impulse.
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