Re: Saint's Intraday Miniflow - live discussion
Dear Saint Sir,
Todays short entry ( if we take 14 as Moving filter) comes near support of right shoulder ( Yesterdays low)of Inverted head and shoulder pattern on 30 min. So as in main thread, you have mentioned that we should avoid entry near support/resistance level. So now will you advice the same thing here? or shall we use larger MF ( Viz18-20) for short entry right now.
Another question. After cracking the yesterdays low , can we call it as failed Inverted H&S pattern and we will expect a great downward movement?
Just my thought.
Thanks
Manoj