Do not check 200 MA on the weekly chart.
200 MA on the weekly chart is 1000 days MA and not 200 days.
To see 200 days MA on a weekly scale - use 40 MA as 1 week has 5 trading days and therefore, 40 MA on a weekly scale is 200 days MA.
A common mistake
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#FREETIPS
For new followers ...
If u r a pivot based intraday trader, u should have this cheat sheet. Follow this and C. Your wrong trades will reduce considerably. Good luck.
For new followers ...
If u r a pivot based intraday trader, u should have this cheat sheet. Follow this and C. Your wrong trades will reduce considerably. Good luck.
#FREETIPS
— ScorpioManoj (@scorpiomanojFRM) April 1, 2022
Pivot Rules snapshot
A free one page cheat sheet for pivot based trading that could probably be sold for a hefty price ....
Rem: This is just a broad set of rules. There are many advance rules more than this. pic.twitter.com/FnzmGGKx0P
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