MY RELIANCE TRADE
First see that the price is respecting 50SMA and one it break
I donot enter the trade but wait for retest at 50 SMA
And I find a rejection with bearish engulfing candle
I go short and capture one swing
NEXT MOVE
the price may come back to 50 or it went down to 100 SMA
Because it usually happen when price break 50 it went down
To 100 SMA
Only enter for long trade if price rejected signal from support level
Best of luck and keep patience
I donot enter the trade but wait for retest at 50 SMA
And I find a rejection with bearish engulfing candle
I go short and capture one swing
NEXT MOVE
the price may come back to 50 or it went down to 100 SMA
Because it usually happen when price break 50 it went down
To 100 SMA
Only enter for long trade if price rejected signal from support level
Best of luck and keep patience
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