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ShreeKrishna
Oct 18, 2020 9:11 AM

How to identify the traps and Actual Patterns  

BHARAT PETROL CORPNSE

Description

One can look this visually looks like an Ending diagonal on 15 Mints long drawn down trend

in reality its a Bounce where the price action strongly represents its move

we call it as trap because we know such patterns have high % of deceptions

One can wait for new low surpass 320 before buying in this script

Comment

Now you know how institutions move the prices which have its own personality

and they show weather or this move is valid as Strong move up or Not
Comments
CKDZ
yup! its a pure Trap.. it should spend more time near 320-325 for perfect bounce
SaurabhMehra
pure gold on the interpretation of BBs
ShreeKrishna
@SaurabhMehra, Thank Q
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