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