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