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Bill Williams Fractal Lines

Fractals are a great tool for technical analysis and really enhance your Forex trading plan and FX trading strategies. Fractals are a very useful FX trading tool and technique:

  • They provide for a good entry method;
  • Yet even more important; they also provide places for great stop losses;
  • Fractals are natural support and resistance levels;
  • Fractals on higher time frames can be/spot major levels;
  • Fractals can be useful for placement of Fibonacci retracement levels;
  • Last but not least: Fractals are a great method of determining the trend (without bias).
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