UVXY Doji 1H Strategy
I'm posting this mostly as an observation.
Based on backtests, it appears that Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts...
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 Doji's are a fairly reliable candlestick pattern to trade on UVXY's 1 Hour charts...
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.
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