Chaos Fractals Bitcoin Analysis & Chaos Fractals Trading Signals
Developed by Bill William
A fractal is formed by three bitcoin price bars
It is used to detect the bottoms or the top.
Up Fractal- defined as a middle bar with two lower highs on every side (A- shaped)
Up Fractal
Down Fractal- defined as a middle bar with 2 higher lows on every side (V shaped)
Up Fractal
Bitcoin Analysis and How to Generate Trading Signals
Break Out Trading
The break out method of using fractals to initiate trades is to take trades based on the direction of a bitcoin price break out above or below most recent fractal.
Buy Signal
If bitcoin price breaks out above the most recent Up Fractal enter long.
Stoploss should be placed below the lowest low of the most recent Down Fractal or second most recent Down Fractal.
Buy Bitcoin Signal Breakout Trading
Sell Signal
If bitcoin price breaks out below the most recent Down Fractal enter short.
Stop Loss orders should be set above the highest high of the most recent Up Fractal or second most recent Up Fractal.
Sell Bitcoin Signal Breakout Trading
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