looks like positive on 15 mts t/f may be a bounce on the cards
This chart is on daily t/f but it can be applied on any t/f for the same results. For Intra one can use 15 mts
Educational and Analysis Video analysing Nifty
An analysis of different t/f for a short trade and how the short was initiated.
ES has closed below Red Trend Line EOD. It shows day has also turned down and probably ES can hit 3300 in the coming days. Out of curiosity, I started applying the system on ES ( trail basis) and works well. Please see the three charts on different t/f. I have marked where I would have initiated the shorts.ES is down on 15 mts and Hour and positive on day. But...