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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.