Dead Cat Bounce
In trading, "Dead Cat Bounce" refers to a temporary recovery that occurs after a sharp price decline that is usually followed by a downward trend. It can be defined as the chart phenomenon that occurs during a bearish movement.
Basically, it is an expected correction on a brutal fall in prices. In the market jargon, it is a trap for the bull traders.
Bulls, Stay Alert!
Basically, it is an expected correction on a brutal fall in prices. In the market jargon, it is a trap for the bull traders.
Bulls, Stay Alert!
Note
This market is a nonsense for me.
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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.