The Fractal Model of Market Analysis – Lesson 2.1.1

The Broad Concept This concept applies to any market, bull or bear and any appreciable time frame. Each wave is classified into two functions, actionary and reactionary. Actionary waves advance the overall trend, while reactionary waves are countertrend interruptions. Figure 2.1.1.1 illustrates the basic concept. Figure 2.1.1.1 Each actionary wave is numbered 1,3, and 5…