The fractal nature of markets
Rising wave
→ The rising wave is the entire bull market between turning points
High point [Rising wave] : When the Main trend turns from upward to downward, the peak of the primary trend is formed.
Dropping wave
→ The Dropping wave is the entire bear market between turning points.
Low point [Dropping wave]: When the Main trend turns from downward to upward, the primary trend valley is formed.
Fractal nature application.
→ Everything in one picture.