DislikedHi Experts, Would like to consult. For the following trade, I've entered a short few days back (red arrow) on EJ. However, a bullish candle broke through the SMA again. What would be your take? 1) Close short trade and reverse it for a long? 2) Just close the short for a loss? 3) No action required, just wait? 4) Any other suggestions? May I know the reasons for the action taken? {image}Ignored
It is option 1 as per rules - Take a Loss and open new Buy trade