#MyGateTradeStory


BTC Swing Trading Strategy (4H Timeframe)
Trend filter
Only look for long trades when the price is above the 200 EMA on the 4-hour chart.
Only look for short trades when the price is below the 200 EMA.
Entry
Wait for a pullback to the 20 EMA or a key support/resistance level.
Confirm the move with a bullish (or bearish) candlestick pattern and increasing volume.
Enter after the confirmation candle closes.
Stop-loss
Place it below the most recent swing low (for longs) or above the recent swing high (for shorts).
Never risk more than 1% of your account on a single trade.
Take-profit
First target: 1:2 risk-to-reward ratio.
Second target: 1:3 or trail the stop-loss using the 20 EMA.
BTC0.17%
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