@Todd1906, basically false upwards signals, like breaking the trend-line drawn. Essentially a false positive/buy signal that goes south.
Todd1906
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@Shwayze, Thank you! I simply call those bad trades lol @ansonphong thank you as well! Much Appreciated..
Todd1906
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@Shwayze, check this out.. I think it's going to drop more thn 4000 after the last sholder
Shwayze
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@Todd1906, Thanks for the chart. I would think 10k would be THE round number people would sell at, but we'll see. I'm interested to see what happens when it hits.
ansonphong
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@Todd1906, Bull trap is the opposite of a bear trap. So a bear trap, you think it's going to go down so you sell, but then it goes up. Bull trap is, you think it's going to go up and so you buy, but it goes down.