wait until triangle breakout, be careful with bear trap

May 8, 2022

wait until triangle breakout, be careful with a bear trap
with bull target 1940 or 1950 or 1970
possible 1 more break out downside(bear trap) but it's tricky to guess making lower low or higher low... (under 185x or not)

scenario 0:
bear trap 1850-1860
go up 1940 or 1950 or 1970
then drop to 184x or 182x

scenario 1:
bear trap 184x
go up 1940 or 1950 or 1970
then drop to 182x or 178x

scenario 2:
bear trap 182x
go up 1940 or 1950 or 1970
then drop to 182x or 178x

scenario 3:
not bear trap drop to 178x

May 8, 2022

Note

you won't see me target 2000++ because I still monitoring and backtest this idea