IVL | Thailand SET Index | Petro Sector | Chart Pattern Trading > Ascending Triangle continuation pattern - Bullish Trap with limited upside > Price Action: Wait for tighter candlestick consolidation - Entry @ Demand Support Line Zone only > RSI - bullish trap signal > MACD - Bearish Divergence DP
In 4H Accum / Dis is the highest ever and price still far far far away from its maximum. This is indeed an impressive excess! On the other hand, price is doing an figure tipycal of final impulse. Yesterday, high volume has not been efficient to push upwards the price. The institution offered few days ago high prices overvaluing the price of ASK: retailers bought...
INTUCH | Thailand SET Index | ICT Sector | Chart Pattern Trading > Chart Pattern: Bearish NEN STAR and BUTTERFLY in PARALLEL CHANNEL - Bull trap > Price Action: Beware of BULLISH TRAP | Entry Position@Breakout with tighter stop-loss > Indicator: BULLISH TRAP Trade with AFFORDABLE RISK Trust in your SYSTEM Always respect STOPLOSS Good Luck
Greeting from IRAN to whole trading community What Is a Bull Trap? A bull trap is a false signal, referring to a declining trend in a stock, index, or other security that reverses after a convincing rally and breaks a prior support level. The move "traps" traders or investors that acted on the buy signal and generates losses on resulting long positions. Whales...
After many great prediction ive come to a point where i'm kind of confuse whats going on but i think i have my theory. You see btc has been leading every crypto since the beggining but weirdly enought it did a really strange move just after the bull trap And i think i know why. The reason of why it did that is ETH the ETH have most likely pushed every crypto up...