#SwingTradingStrategy
Swing Trading Strategy for Smart Traders! 🧠💼
Want to catch those mid-term price moves like a pro? Here's how you can swing trade with confidence! 🚀
🔹 1. Identify the Trend:
Use moving averages (like 50 EMA & 200 EMA) to spot the trend direction. Trade with the trend, not against it!
🔹 2. Support & Resistance Zones:
Mark key levels where price has bounced or rejected in the past. These are your potential entry/exit points.
🔹 3. Entry Trigger:
Look for bullish/bearish candlestick patterns (like pin bars, engulfing) near support/resistance.
🔹 4. Risk Management:
Always use stop-loss. Risk only 1-2% per trade. Protect your capital like it’s gold! 🛡️
🔹 5. Patience Pays:
Hold trades for days or weeks. Don’t overtrade. Let the market come to you!