How To Set Up A Bear Trap
Here is how to set up a bear trap using the TrendCloud opening range breakout tool.
4 hour chart: uptrend
1 hour chart: uptrend
breakout to the upside on the opening range.
Look for demand zones on the 15 min chart below the opening range... this is your "Bear Trap."
If you want to use this strategy then click the link in my profile for more info :)
4 hour chart: uptrend
1 hour chart: uptrend
breakout to the upside on the opening range.
Look for demand zones on the 15 min chart below the opening range... this is your "Bear Trap."
If you want to use this strategy then click the link in my profile for more info :)
Chris Juliano
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.