Hi, how’s going?
I’m Alice
welcome to trading chart analysis
Let me share you a 87.8% win rate
bottom catch strategy today
it’s very simple and effective
What shall we do
in the situation below
The price stopped lowering
and began to broke up
the previous high
It’s a double bottom right?
Ok, let’s buy it here
Oh god
the price just got hammered
why?
Maybe just by accident?
ok, let’s do it again
here the price upward
break a previous high
another buy point?
Then pretend we buy it here
however, another failed
heart break?
Inside just furious?
But now if I tell a strategy
which can help you buy at this point
so you can get profit of this part
Is it wonderful? But how?
Now it’s time to learn the strategy.
We only need two steps.
Firstly
the MACD indicator
shows bottom deviation
during the downtrend process
which means a trend reversal
is likely to follow
After that
MACD have a golden cross
which is a high probable valid buy point
Let me explain more specifically
First of all
deviation means that
there is an opposite trend
between the price and technical indicators
MACD is a trend indicator
Normally it shows a same trend with price
however
When they are not synchronized
this is a deviation
So here
if the price reached a new low
but MACD stopped lowering
and we call this situation
bottom deviation
It means that the price trend
is going to change
After the bottom deviation
MACD formed a golden cross
and that is just our buy point
Remember
in this strategy
the valid buy point should
only appears after a bottom deviation
Let's look at this case
Although there is a gold cross
but before the buy point
there is no bottom deviation
so this can not be confirmed
as an valid buy point
so we don’t buy it
but what’s gonna happen ?
it crashed.
Last point
In this strategy
we could just make a stop-loss
at the close price of previous low point
It can reach a higher win rate
if we could use MA indicator
to verify the buy point
And if you are interested in this content
leave me a message “MA”
to the comment area
I will make another video for it
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I will see you next time, Bye!