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Beartrap

Death Cross ImminentWe all know this death cross will happen the question is how long will we stay under the 200 DMA. If you look back you can see that it wouldn't be the first time we had a death cross followed by a bull run ( Sep 2015) will this repeat. With the OTC market drying up will this be the last chance we get to buy at these levels or are we in for a long accumulation phase. I know what my plan is. Do you have one? Comment your thoughts I would love to hear them.
BITSTAMP:BTCUSDLong
by ToodlesTrader
3
Silver To $19+ After Bear Trap?Forex is not there to help you make money. It's there to take your money and feed the big whales and corporations. Market makers swing the markets for liquidity and grab your stoplosses and make you think it's going down but in reality it's shooting up. To be successful, it's your job as a trader, to spot these traps and to make the most of them. Don't follow the herd and make the same mistakes 95% of traders make. We are here to share light and share our trades with you! This is speculation. I am not a financial adviser. Leave your thoughts below! Join our Telegram group! t.me
OANDA:XAGUSDLong
by fbz_
BOTTOM OF THE GOLD RANGE.... RIDE TO 1560 REDUX!!Yesterday was a day of consolidation and the gold trade didn't pan as I expected but I am a permabull so price going lower was just more opportunities to long... I longed asia open and watching a break on this hourly trendline The break happened already as I was preparing the post so I am watching as it approaches the 21 hourly ema. It won't hold as you look at the H4 21 hourly ema as it's sitting around 1504 (seen below) Also MACD has a cross which should be and impule move up the next cross will be the one to take us to the top Stoch way oversold Here's what im looking for -break of hourly trendline - check -possibly retrace and break of the 4hr tl - i will make another long on the 4hr candle close of that line -bears at the 1500 and .50fib level will be on notice and should provide resistance -looking to trap those bears and add long on the confirmation and break of the 1500 critical level Setting bear traps all day.... Happy Huntin' BooBii
OANDA:XAUUSDLong
by rickyboobii
1
WATCH THIS BEAUTIFUL BEAR TRAP UNFOLD ON PESO DURING FED WEEK!!The NFP put a lot of pressure on dollar squeezing the dollar bull back into the accumulation zone from 19.40 - 19.75. A lot of bulls still remain in this area and retail sellers coming into the trade late will get caught with there pants down because of bulls lurking to ambush them right below the .50 fib. I expect price to make a LH ( lower high) and then sneaky bears selling the rally will try and make a LL (lower low). Unfortunately it will fail. Either we get a fakeout LL , double bottom, or HL (higher low) . Essentialy we are going to retest this trendline and that my friends is where you attack!! FADE THE WEAK BEARS running for cover placing stop nearby below for a great risk reward trade to the top aiming to take partial profit at 20.00 . I intend that the FED during the week should provide momentum or give us a little retrace for more bulls to join the party on the ride up. We will monitor the trade. I think we will break the highs if not price will stall around 20.03-20.10 . Im a little unorthodox as this is my first post EVER!! Comment and let me know how I did. We will be updating as this unfolds. I don't always know what I'm doing but when I do...I'm pretty amazing! Happy Huntin' Happy Trappin' ~BooBii
Long
by rickyboobii
BOTTOM OF THE RANGE on GOLD.... READY TO TAKE THE RIDE TO 1560??A little late posting on this however lots of buying opportunities! Main thing to consider riskoff flows were taking profit and pretty much done across all risk assets. Current Range is from 1495- 1560 We are in a great value are and on the hourly showing higher lows as shown below Watch for entries down here placing stops below the lows aiming for the top of the range. This is a very good value buying area... don't be a greedy bear looking to get trapped!!! Will update this as we get more higher TF confirmation with the trendline breaks but personally I current am in around 14.88 and 1493. Have a Limit at 1491 just in case of a retrace we could possibly get. A nice break here will put us at 1510 where we should find some resistance. Pros -oversold stoch -price being bought from under the 200 ema -macd primed for a cross up Cons -still in downtrend -against moving averages Happy Huntin' Happy Trappin' BooBii
OANDA:XAUUSDLong
by rickyboobii
right shoulder's TTL bounces priceaction back into the diamond. A very bullish sign here as the 1hr head and shoulder pattern hiding within the 3hr diamond just decided to go on and dust it's shoulder off as price action bounces off the right shoulder of the head and shoulder's top trendline and has now been bounced back into the diamond pulling off a very successful bear trap....this increases probability of a bullish breakout but we must remain vigilant in our cal composures until a bullish breakout is confirmed it could easily follow a bear rap up with a bull trap as it often likes to liquidate shorts and longs within the same pattern. my bias is bullish but until confirmation the idea remains neutral.
COINBASE:BTCUSD
by DrDovetail
BTCUSD: TO PANIC OR NOT TO PANIC - IS THE BIG QUESTION.There was panic around high noon UK time, as news broke that the IRS will be sending warning letters to American cyrpto traders. This caused a dump on BTC and shockwaves were felt throughout most of the cryptosphere. But hold on - the IRS does not rules the world! This dump could well make BTC and other major cryptos very attractive to international investors and traders. I still favour the upside because BTCUSD is a hefty one following a massive 3D time frame. It has a lot of wriggle room between 7800 and 10000. Those who dump now are falling into a classic bear trap? How? Because the probability is till for the north. This does not mean that a few bears on lower time frames won't punch the air and take profits. There is nothing wrong with exploiting a bear trap, just don't get caught in it! Disclaimer : T his is not a recommendation to take a particular position or trade in securities or other instruments. You losses are your own, which means sue yourself if you lose your money!
BITFINEX:BTCUSDLong
by Captain_Walker
TRON - TRX/ BTC - BEAR TRAP! This is the GAMETRON / BTC UPDATE We had a classic BEAR TRAP. The price dropping without volume. False bracket disruption. This support is the strongest. The false breakup made many come out of the game, typical of big players. Not only TRON but many other TOKEN had false breach. Obbservando the RSI we have a great divergence of ALTA in game. This is the game. Pisicology is the key to success. Be patient. Keep a plan! Observing the DOMINANCE of the BTC, we have a possible TOP in a major resistance ... We are very close to an "Alt SEASON" This time the whales multiply their BTCs. Welcome back to 2017. I have observed the MARKETCAP of the ALT thing and this week the flow is migrating there. Keep an eye on BITCOIN Dominance. This indicator says a lot. Are you ready? It will be the biggest BULL RUN of ALL! HERE WE GO! CAME OUR TIME! ALT SEASON 2019! THE MOON IS TO CLOSE, GO BEYOND God be with you
Long
by ferGOD
2
Weekly bitcoin very bearish shooting star/doji close is a trap?What if the composite operator/whale(s) set out to enable massive liquidity by shaking out all the weak hands through an algo that created a weekly closing incredibly bearish doji (gravestone/shooting star)? If so, then they should enable the shorts to pile on towards $9700 or so and the squeeze the heck out of them up and through $20k. I'm buying the dips down towards $10k again and keeping a short open in parallel from above. This basically redefines the classic bear trap if true and pans out.
BNC:BLXLong
by DropDead_Fed
2
Bullish Flag or Descending Triangle?Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in which the consolidation takes the form of a symmetrical triangle. The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often results in a powerful move higher, measuring the length of the prior flag pole. It is important to note that these patterns work the same in reverse and are known as bear flags and pennants. This also looks like a descending triangle. Time will tell per usual.
KRAKEN:ETHUSDLong
by ScotianBot
BIGGEST BULL TRAP IN BTC HISTORY 3250 INCI want to show these 2 charts in comparison to see the similarities between last year of BTC and then this year. Last year BTC developed a wedge consisting of an ABCDE pattern. What i found interesting is that both hit the 0.5 fib of the b-C wave. Instead of doing an ABC up this time to test 0.5 Fibonacci, it did 5 waves up, which means we have an ABC structure down now. Overall this is an ending diagonal, which has yet to test it's (E) at possibly 3250. This theory would be invalidated if we went above the 0.5 fib at 3750.
COINBASE:BTCUSDShort
by LukeSkywalker
2
ETHUSD -Bull's Gate, Or Bear Mauling? Asc TriangleIs this a Gate for the Bulls, or are the Bears waiting to maul? In a previous analysis, the Bears have had control since Jan. 14th in a segmenting pattern, and back as far as Jan 3rd since the break of the December uptrend. Bulls look to have a gate through the Bear defense, but will it materialize. I will be watching for the conviction myself even though there appears to be an opportunity with this ascending triangle action . The last 2 attempts at the trend line may have found a chink in the armor. We're in a bear market, watch for conviction. volume, and follow through. Good luck traders! Previous Analysis : Predictable Bearish Pattern Previous Analysis: Break Trend line, or Test $100
COINBASE:ETHUSDLong
by MrJEB
Bitcoin Trying to make a Daily Reversal after a Bear trap?We had some good action 2 hours ago, where the price made a quick dump but got an even bigger push up. The volume on the way up was much higher as well, so chances are big a bear trap was set there. Also ETH' broke an important support it seemed but also jumped right back above again, also suggesting a bear trap. The past days, i talked about expecting at least one more drop, but i did not know it it would be a very small one, like 50 points below the previous one or a big dump. It's clear it was the first one, but until now, also in the shape of a bear trap it seem. But bulls are most certainly not safe yet, for a bullish mid-term trend, they need to try and close the price above the 3700/3750 when the daily closes. If that would happen we would have: - Bear trap - Daily reversal Both strong indicators. So far the volume is good/decent, but it needs to stay this high. Really want to see the volume candle be much bigger than it has been lately. Without volume, it will probably just be another game the market tries to do, to shake out both longs and shorts. On the right i have drawn a possible bull flag, but we really do need to see the price stay above the green zone. Preferably even above 3520/10, showing some fomo at this spot. For this bull flag it's the same as all bull flags the past 8 months or so, it should not take to much time. Because the longer it takes the bigger the chances become for a failing bull flag. What we also need to see is (if btc make another move up), is alts make an even bigger jump up with the second leg. If we see all of these ingredients play out, the chances will be very big that an important low has been set and that past 4/5 weeks have all just been one big correctional move and we will start to make another big leg up to the 4k or maybe even 5k levels. But today, actually the coming few hours, will be of the upmost importance for it, as described above. Best case, we do not see a big short squeeze happen, but we see a big high volume fight on the way up. With these big short squeezes, we see the price drop like 80% of the time again. On the left we can also see a possible bullish wedge, but it's not a pretty one though. If we do see the bullish things play out like mentioned above, so a close above 3700, it could be a confirmation that this wedge is real. But anything below that red zone, remains bearish. All i hope for is, that we see high volume again. Because than we can trade this market with more confidence. Please don't forget to like if you appreciate this :) Previous analysis:
BITSTAMP:BTCUSD
by botje11
50