"Weekend Fake-out" Correction Strategy (The Weekend Fake-out)



Logical Explanation: Statistics show that the gains and losses on Saturday and Sunday are often reversed and absorbed before the US stock market opens on Monday.

Detailed Operation: Mark the closing price on Friday.

Execution: If there is a surge over the weekend, open a short position at the key resistance level on Monday morning, targeting the Friday closing price.
$ETH
ETH-2.83%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin