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RE: S20W3: Trading Steem with Fractals and Multi-Timeframe Strategies

in SteemitCryptoAcademy7 months ago

Hi @shahariar1

You have a good entry in this contest while explain the fractals. You have demonstrated the bullish and bearish fractals on the chart.

We can see that general bullish fractal is formed it drives the price to move in the upward direction.

And similarly when a bearish fractals occur then the price movements in the downward direction.

So we can determine our entry and exit points with the help of the fractals because the patterns repeat and follow each other.

Best wishes for the contest.

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Thank you very much for your valuable comments.

You are welcome 🤗