š Swing Trading StrategyāCatch the Waves, Not the Whipsaws š
Swing trading is all about riding the momentum between short-term highs and lows.. Unlike scalping or long-term holding, it targets multi-day price movesāperfect for traders who want action without staring at charts 24/7..
Hereās a clean strategy to get you started:
š¹ Identify the Trend ā Use the 4H or Daily chart with a 50 EMA to spot direction..
š¹ Wait for Pullback ā Look for price to retrace to a key support/resistance or Fibonacci level..
š¹ Confirm with RSI ā An RSI between 40ā60 during pullback signals potential continuation..
š¹ Enter on Breakout Candle ā Once price resumes in trend direction, enter with tight risk..
š¹ Set TP & SL ā Aim for 2:1 reward-to-risk.. Let winners run, cut losers quick..