Felix000

#bitcoin signal patterns of Williams Fractals lows using MACD

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BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Small sample study Williams Fractals (Consecutive fractal lows = Orange box) using custom MACD (6,13, Close, 31) Log Format. Sample picked where no breach of consecutive fractal lows followed by - White verticals = blue MACD flips up; Purple box = orange signal flips up; Yellow box = blue MACD flips down. If White horizontal break then bull over maybe. NOT ADVICE. D.Y.O.R.

Comment: Could add this one example where blue MACD Line flipped down before orange Signal Line flipped up. Also boke the low of day when MACD Line flipped up.
Comment: So many bear signals. Bulls struggling. See chart. For signal construction see previous posts. Not Advice. DYOR
Comment: #bitcoin SELL SELL SELL MAYBE. Check yourself. Construction mark all consecutive Williams Fractal highs both must show MACD Histogram in green >0 boxed yellow. When next flip red 0< box with purple to the low. Then with stats work out your strategy. NOT ADVICE. DYOR.

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