This is the hedge strategy used by trader Puru Saxena. It shows a "red flag" above the candles when the 40ema is below the 120 ema and the 5 ema is below the 20ema on the daily chart. The red flag indicates its time to hedge.
Original thread: twitter.com/saxena_puru/status/1132423037213536256
Original thread: twitter.com/saxena_puru/status/1132423037213536256
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.