Nothing really new to say here. Just to remind everyone that a bull trap for BTC is still very likely on the horizon. For all that to happen it would be nice if we could hold 49.5k are first otherwise we could still get into further ranging. I am not a financial advisor so non of this should be taken as a financial advise. Be well. BINANCE:BTCUSDT
Xaausd (gold) made a trap as seen in my recent post and its back in the POINT of interest so I will be looking for shorts I think it will hit the breakeven from the shorts that got in early at the top its not much liquidity but its something and after that, it will make the move down, in the worst-case scenario we will get above the POI and then get down even...
the description is not going too long because I already explained it on the chart. Price always needs liquidity to move so what the banks are doing is making fake trendlines that will hold or that it will make a pullback to but in this case, it looks too good to be true so stay woke and watch out for the crybabies, I can be wrong so keep that in mind but if you...
If in the next 24 hours the daily candle closes and daily 21 EMA stays crossed below the 55 daily EMA, this has signaled a bull trap and serious down move in the past. Bitcoin bounced at the daily 128MA support band today as well as weekly 21 EMA and 20 MA. It needs to hold these levels. LEGEND: Green line is daily 21 EMA Blue line is daily 55 EMA Purple line...
Should price overcome 0.3096 in the next daily candle, I will take a long position and try to reach the higher end of the green candle.
Really nice gap today. But don't get too excited. There was an invisible trap (premarket pump-and-dump) happened outside market hour last week. Won't be seen in daily chart. Therefore a lot of careless traders might not be aware. In case you are day trading/swing trading TSLA, I'm pointing it out for you just in case.
Classic setup. Hammer with increasing volume. Bear trap. Entry above, stop below. What do you guys think?
DIS can easily break down the strong strong support. But if the area below is a pocket of liquidity, we might have an opportunity to catch some trapped bears. Look at the bear trap in Jan. 2021. HMMMMMMM Looking delicious. Let's wait and see what happens this time. I will try to see if I can include these potential traps in our Real Life Trading UK free week...
We will go tomorrow up. There is no question about that. This looks for me like a beartrap. Just like we saw in the 58k area, and the 29k area. Big move down, small consolidation, and the same way up and higher.
The lower wick on ROKU today could have been a bear trap. Feel free to plan your trades accordingly ;)
I'm a trap trader but I personally don't believe in BS like "bullish volume", "bearish volume", because for a buyer there is a seller. And newbie traders who buy high and sell low generate massive volume nowadays too. But when big volume with (pattern, media, rumor) bias gets trapped, that's when one side has to take an immediate action altogether (thus moving the...
When FB closed below daily 200 I was worried for a moment LOL. Good trap and not bearish for sure! But the dip!
In my recent Analysis on Solana I've published About the Bull flag formation in SOLANA Well its our good that We are Still in profit according to that analysis but Today I have spotted a bear divergence in the RSI So that means Solana will break in near future ? Well Reversal can be seen in near 2 or 3 days but can not be much powerful. I also drew the Support...
ROKU had a very nice hammer on Friday with increasing volume at a great great location. The only concern is the daily 50 pushing down. This is a nice set up to consider but I will wait for one or two days. If it breaks out, I will buy a retest. If it trades sideways, I could consider this stop limit breakout.
comp usdt is in a range for 30 days now i think we will see a trap to the downside and from there it will skyrocket im placing buy orders in the buy zone
Many would assume price is gearing up for the next leg down, however, I believe price has actually taken liquidity from the buyers of support so It could be ready for its next impulse upwards before continued sells. What are your thoughts on this chart work? Are you bearish from here or bullish from here? Please, support this post with a like and comment!
I am expecting a retrace of this huge sell-off. We saw a liquidity purge of the support created after the trendline bounce. Now that this is out of the way, we can expect some pullbacks before bearish continuation. We can either pull back from this zone or we can take the low before we retrace.
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