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The strategy style is aggressive. The strategy is based on
Japanese candlestick and moving average (SMA) patterns. In this
strategy, I use a candlestick pattern: Absorption. The combination of
Japanese candles Absorption consists of two candles, which must be of
different colors. The body of the second candle must completely
"absorb" the body of the first. The opening price of the second candle
must be lower than the opening price of the first closing price and
the closing price of the second candle must be higher than the closing
price of the first. This combination is called a bullish engulfing.
Its opposite is bearish engulfing.
After optimizing the strategy, I set TP and SL.
Japanese candlestick and moving average (SMA) patterns. In this
strategy, I use a candlestick pattern: Absorption. The combination of
Japanese candles Absorption consists of two candles, which must be of
different colors. The body of the second candle must completely
"absorb" the body of the first. The opening price of the second candle
must be lower than the opening price of the first closing price and
the closing price of the second candle must be higher than the closing
price of the first. This combination is called a bullish engulfing.
Its opposite is bearish engulfing.
After optimizing the strategy, I set TP and SL.