Rule 4 of the Fractal
FIVE WAVES UP
“Wave 4 can not violate the ending point of wave B of 3”
MAIN FEATURES
- In Five Wave up fractal a corrective wave 4 down shall not violate the low reached by the previous corrective wave B of 3.
- In Five Wave down fractal a corrective wave 4 up shall not violate the high reached by the previous corrective wave B of 3.
The best way to understand how this pattern works is to study collection of charts with real life examples.
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