For learning purposes I would like to ask for comment on this potential trade. This is the first pullback after a new trend formed.
For now without referring to other time-frames, just using what we see on the chart and based on the Walvekar method, would this be a good short trade when price closes below the lower 10MA (which would be somewhere near that blue line)?
For now without referring to other time-frames, just using what we see on the chart and based on the Walvekar method, would this be a good short trade when price closes below the lower 10MA (which would be somewhere near that blue line)?