We could write a book about fractals, but for the purposes of this section and framing trades we can keep it brief. Fractals are essentially just repeating price action. The truest form is when a specific pattern repeats in smaller (or larger) iterations in the same instrument. Our main chart of oil shows this clearly and suggested oil would follow the 2008 or 2016 declines (which it did). However, there are other types of fractals (or what we call fractals). For example, we often see one instrument follow another with a lag , or a specific pattern can be repeated in a seemingly unrelated instrument. They are all useful and can be incredibly powerful trading tools; not only do they provide direction for a trade, they can be used to time entries and exits too. How exactly we trade fractals will be detailed on our charts.