Elliot Wave Basic: Part-3
Fractal Nature
Elliott Wave is fractal. This means that wave structure for the Grand Super Cycle is the same as for the minute. No matter how big or small the wave degree, impulse waves take on a 5-wave sequence and corrective waves take on a 3-wave sequence. Any impulse wave subdivides into 5 smaller waves. Any corrective wave subdivides into three smaller waves. The charts below show the fractal nature of Elliott Wave in action.
***For read "Elliot Wave Basic, Previous Part", Please click the link below..
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