Concept
Fractal
QUICK DEFINITION
Fractal in Elliott Wave Theory: The self-similar nature of Elliott Wave patterns. Each wave contains smaller versions of the same five-wave and three-wave structures. A Wave 3 on a weekly chart subdivides into a complete five-wave impulse on the daily chart.
What Fractal Means
The self-similar nature of Elliott Wave patterns. Each wave contains smaller versions of the same five-wave and three-wave structures. A Wave 3 on a weekly chart subdivides into a complete five-wave impulse on the daily chart.
Where You'll See It
Fractal appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the concept family of Elliott Wave concepts and shows up most often when analysts are discussing the foundational principles behind Elliott Wave Theory.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments