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