Section 3. Video 3.
Rule 2 of the Fractal
FIVE WAVES UP
“Wave 3 of the Five Wave Up shall make a new higher high over the top of wave 1 up”
MAIN FEATURES
- Every trending move up is a sequence of higher highs and higher lows. That is why wave 3 has to make a new higher high over the top of preceding wave 1 up
- The preceding 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
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The best way to understand how this pattern works is to study collection of charts with real life examples.
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