Five Wave fractal
TAKEAWAYS

Rules of the Five Wave fractal

Wave 2 of the Five Wave Up fractal shall never violate the starting point of the Five Wave Up fractal, its lowest from which wave A of 1 started.
Wave 3 of the Five Wave Up shall make a new higher high over the top of wave 1 up
Wave 3 can not be the shortest wave in comparison to wave 1 and wave 5
Wave 3 shall stretch at least to 176.4% extension of the wave 1
Wave 4 can not violate the low of preceding corrective wave wave B of 3
Wave B of 3 can not violate the low of preceding corrective wave 4 down
Wave 5 shall make a new higher high over the top of wave 3

The best way to understand how this pattern works is to study collection of charts with real life examples.