UVXY Doji 1H Strategy with both Long & Short Positions
Again, I'm posting this mostly as an observation. (Inexperienced traders should note that UVXY only goes up during major crashes so, although this is marked as a "long", holding any bullish positions on UVXY is a short-hedge on your portfolio.)
Based on backtests, it appears that longing UVXY on Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts...
Also, it appears that shorting UVXY on Hanging Man and closing the short on EngulfingBullish dramatically increases the profitability
Based on backtests, it appears that longing UVXY on Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts...
Also, it appears that shorting UVXY on Hanging Man and closing the short on EngulfingBullish dramatically increases the profitability
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