#SwingTradingStrategy

Swing trading captures short-to-medium-term price swings (days to weeks). It's driven by technical analysis, aiming to profit from intermediate movements within trends.

Key strategies:

* Trend Following: Trade with the prevailing trend using Moving Averages (MA) and MACD.

* Support & Resistance: Buy at support, sell at resistance; crucial for entry/exit points.

* Breakouts: Enter when price decisively breaches established levels, often with high volume.

* Reversals: Identify trend changes using oscillators (RSI) and candlestick patterns.

* Fibonacci Retracements: Pinpoint potential pullback levels for entries.

Crucial Risk Management:

* Strict stop-loss orders to limit losses.

* Position sizing (1-2% risk per trade).

* Defined take-profit targets and favorable risk-reward ratios.

* Maintain a trading journal for continuous learning.

Swing trading requires discipline and technical proficiency, balancing active management with patience.

Happy Trading Everyone 🥳