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90% Win Rate Swing Strategy on TradingView 📈🔥
Discover why so many successful traders trust Deriv!
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1️⃣ Identify Strong Trends: Look for clear uptrends or downtrends on higher timeframes (4-hour or daily charts).
2️⃣ Use Support and Resistance: Mark key support and resistance levels to spot potential reversal or breakout points.
3️⃣ Candlestick Patterns: Watch for strong candlestick patterns (like engulfing or pin bars) near these levels for entry signals.
4️⃣ Confirm with Indicators: Use momentum indicators (like RSI or MACD) to confirm the strength of the trend and entry points.
5️⃣ Risk Management: Set stop losses below support (for buys) or above resistance (for sells) and aim for at least a 2:1 risk-to-reward ratio.
A high win rate is possible with proper trend analysis, confirmation, and strict risk management! 📊💸
Discover why so many successful traders trust Deriv!
🔥 Open your FREE Demo Account today: https://bit.ly/3Rnmgod
#SwingTrading #TradingView #Forex #DayTrading #TradingStrategy
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