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Rule 1 of the Fractal
FIVE WAVES UP

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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.

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MAIN FEATURES

  • The first move in the Five Wave Up fractal is wave 1 up structured as A-B-C up fractal
  • The following wave 2 is a bearish reaction to the wave 1 up.
  • Wave 2 down is also structured as A-B-C fractal
  • Wave 2 is not allowed to breach a starting point of wave 1 up, its lowest point
  • Wave 2 down makes a higher low in comparison to the lowest point of the whole Five wave Up fractal at the starting point of wave 1 up
Learn the rules of the Five Wave fractal

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In the video I explain all you the nitty-gritty details about this pattern

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Case Studies:

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

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