1. Breakout Trading Buy when price breaks through resistance. - Identify strong resistance levels. - Wait for a breakout above resistance. - Enter long position with a stop-loss below resistance. - Set profit targets at next resistance levels. Example: - Bitcoin's price is consolidating between $40,000 and $45,000. - Breakout above $45,000 triggers a long entry. - Stop-loss at $43,000, profit target at $50,000. 2. Pullback Trading Buy during price pullbacks. - Identify uptrend. - Wait for pullback to support levels. - Enter long position with a stop-loss below support. - Set profit targets at next resistance levels. Example: - Bitcoin's price is trending up from $40,000 to $50,000. - Pullback to $45,000 triggers a long entry. - Stop-loss at $43,000, profit target at $55,000. 3. Reversal Trading Identify and trade reversals. - Identify reversal patterns (e.g., head-and-shoulders, inverse head-and-shoulders). - Wait for confirmation of reversal. - Enter long/short position with a stop-loss. - Set profit targets at next support/resistance levels. Example: - Bitcoin's price forms a head-and-shoulders pattern. - Breakdown below neckline triggers a short entry. - Stop-loss above neckline, profit target at next support. 4. Mean Reversion Trade based on statistical models predicting price reversals. - Use indicators like RSI, Bollinger Bands. - Identify overbought/oversold conditions. - Enter long/short position with a stop-loss. - Set profit targets at next support/resistance levels. Example: - Bitcoin's RSI falls below 30. - Buy signal triggered with stop-loss at recent low. - Profit target at next resistance. Key considerations for Swing Trading: - Risk management: Set stop-losses and position sizes. - Market context: Consider news, trends, and market sentiment. - Trading discipline: Stick to strategy and avoid emotional decisions.