@manishah hello,
yes, bfd one-arm-echo could meet your requirement. please refer the configuration below
#
bfd t1 bind peer-ip 10.1.1.2 interface Eth-Trunk1.10 one-arm-echo
discriminator local 20
commit
#
and you can refer the documentation
http://support.huawei.com/hedex/hdx.do?docid=EDOC1000163385&id=bfd_one-arm-echo_2&lang=en