The Five Wave Up Fractal
IMPULSIVE WAVES
Inside the Five Wave Up fractal odd numbered Waves 1, 3 and 5 drive price up, in the direction of the main trend. Every successive impulsive wave pushes price to a higher high over the top of preceding impulsive wave. Bulls prove they are stronger and price reaches new Higher Highs.
MAIN FEATURES
- In any Five Wave Up fractal waves 1, 3 and 5 are impulsive waves driving price in direction of the main trend
- Each of waves 1, 3, and 5 is composed of smaller waves A up, B down and C up
- Wave C of 1 makes a higher high over the top of wave A of 1
- Wave C of 3 makes a higher high over the top of wave A of 3
- Wave C of 5 makes a higher high over the top of wave A of 5
In the video I explain all you the nitty-gritty details about this pattern
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