Most often these strategies uses RSI or indicators that tells if there is a long or short momentum.
If the buyers are coming in then there is a momentum upwards. Meaning you expect the price to continue upwards.
It the momentum is on the bear side then you expect the price to continue downwards.
Most of the time I use Trend Following Strategies together with Momentum Strategies for a higher probability of winning. It's easier to always trade with the trend.
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