Five-Waves-Up-Rule-1-video
Rule 1 of the Fractal
FIVE WAVES UP
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.
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
In the video I explain all you the nitty-gritty details about this pattern
- Subscribe Now and Start Learning
The best way to understand how this pattern works is to study collection of charts with real life examples.
- Subscribe Now and Start Learning