Five-Wave Impulse Trend:
5 Distinct Sections
Bull trend :Higher highs and higher lows
Section Highs and Lows do not overlap
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Five Wave Trend Rules:
1. Wave 2 cannot exceed the beginning of Wave 1.
2. Wave 4 cannot make a daily close into the closing range of Wave 1.
3. Wave 3 cannot be the shortest in price of Waves 1, 3, and 5.
5 Distinct Sections
Bull trend :Higher highs and higher lows
Section Highs and Lows do not overlap
..........................................................................................................................................................
Five Wave Trend Rules:
1. Wave 2 cannot exceed the beginning of Wave 1.
2. Wave 4 cannot make a daily close into the closing range of Wave 1.
3. Wave 3 cannot be the shortest in price of Waves 1, 3, and 5.
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