BITCOIN 4H TA : Bull Trap ?
Well, as you can see that the price is moving in the same range , pay attention to one thing that when the market makes such a beautiful Low Swing , usually a big liquidity pool is created from SELL STOPS , which can create a trap for small BUYERS ! The previous analysis is still valid ! 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.
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📅 08.23.2022
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Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : ArmanShabanTrading
📅 08.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
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