the 5-wave trend structure

Traders can capitalize on trend waves with very little knowledge of basic theory. Just look at the 5-wave trend structure in all time frames. Locate smaller waves embedded in larger craft and place in places where two or more time frames intersect. These cross-verification zones capture major trend, reversal and breakout points.

For example, the 3rd wave of the primary trend often exhibits dynamic vertical motion. This can only hide the attack ended 5-wave rally to the next smaller time frame. With this knowledge execute a long position on 3 on 3, one of the most powerful price movements across uptrend. While the waves seems to be difficult to locate, the trained eye can uncover these price patterns in very strong uptrends.