Five-Wave Impulse Trend: 5 Distinct Sections Bull trend :Higher highs and higher lows Section Highs and Lows do not overlap .......................................................................................................................................................... Five Wave Trend Rules: 1. Wave 2 cannot exceed the beginning of Wave 1. 2. Wave 4 cannot make a daily close into the closing range of Wave 1. 3. Wave 3 cannot be the shortest in price of Waves 1, 3, and 5.