Rule 5 of the Fractal
FIVE WAVES UP
“Wave 5 shall make a new higher high over the top of wave 3”
MAIN FEATURES
- In Five Wave up fractal wave 5 up shall make a new higher high over the top of preceding rally in wave 3 up.
- In Five Wave down fractal wave 5 down shall make a new lower low under the bottom of preceding drop in wave 3 down.
The best way to understand how this pattern works is to study collection of charts with real life examples.
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