CW is an acronym for Continuous Wave. A continuous wave or continuous waveform (CW) is an electromagnetic wave of constant amplitude and frequency, typically a sine wave, that for mathematical analysis is considered to be of infinite duration. Continuous wave is also the name given to an early method of radio transmission, in which a sinusoidal carrier wave is switched on and off. Information is carried in the varying duration of the on and off periods of the signal, for example by Morse code in early radio.
Example waterfalls below: