Since Tuesday until today, the daily long-short swing trading strategy in the market is actually quite simple. Market data directly provides points that can be extracted:



· Enter long at the lower Bollinger Band on the 1-hour chart
· Enter short at the upper Bollinger Band on the 1-hour chart

Then Fibonacci calculations are also okay, basically close. Example: why did BTC pull back from 88,752 to around 86,260?

Because the starting point two days ago was 83,589, the highest point was 88,572. The increase = 88,752 - 83,589 = 5,163 points.

· Pullback 0.5 = 5,163 × 0.5 = 2,581 points → long entry at 88,752 - 2,581 = 86,171
· Pullback 0.618 = 5,163 × 0.618 = 3,190 points → long entry at 88,752 - 3,190 = 85,562

The result? BTC pulled back exactly to the 0.50 level. Over the past 3 days, entering long at 86,171 has an average profit of 1,500–2,000 points #WinGoldBarsWithGrowthPoints per day.
BTC0.61%
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
  • Pinned