BankNifty 30M 20SMA : Short signaled @ 11,193.
We will consider our exit at this price. Short entry will be considered at 11,183 (10 points slippage)
SL for this trade is Max @ 11,270 (subject to change as per MA)
Will update XL tracker later.
We will consider our exit at this price. Short entry will be considered at 11,183 (10 points slippage)
SL for this trade is Max @ 11,270 (subject to change as per MA)
Will update XL tracker later.
BNF had closed below 20 SMA yesterday, 3:00 PM bar, but MA was rising !
Now that the SMA is moving down, do we take the trade?
I have understood the rule :
MA is moving down and then Candle closes below MA we trade!
Do we also trade when Price crosses below MA and then MA starts to move down?
A line in reply will be helpful.