Gravita is looking strong to retest ATH levels soon. Stock had given breakdown from trendline support which was a bear trap. Stock formed double bottom near support and today gave a huge volume move. If broader markets support, this stock can make new ATH!!
TGV Sraac is a fundamentally strong small cap chemical company which is showing a strong reversal pattern. Stock has given breakdown from support and formed a bear trap. A big bullish candle has been formed last week. Stock can give multibagger returns in long term. However, since stock is small cap, it is riskier to invest.
It is currently a risky positional trade but the stock is looking strong near support trendline. A bear trap has been formed near the same. Levels are mentioned on chart. Risk reward is favouring the trade.
Quite simply, BTC hit an important resistance (main trendline in dark red) daily RSI points to bearish divergence. And a sale now. If it goes up a little more, I'll concider another beartrap. Buys at HKEX:25 ,400 and HKEX:21 ,200 as macro structure remains bullish. NOT A FINANCIAL ADVICE.
As the Market Improves and gives a bullish sentiment, PEL has formed a beautiful bear trap and gives a long possibility once the support zone is re entered. Liquidity Grap- Is a smart money concept similar to stop loss hunting where the market gives a fake breakdown on low volume or a bad spread candle as visible here. The stops of many retail traders are hit as...
Looking at past data, it is visible that: whenever, reliance comes to this zone and breaks out, it rallies, candle after candle, and has given 18% and 30% returns in almost 1 month. Reliance is at the same zone and at the bottom of market structure, it has formed 2 more bullish confirmations. 1. liquidity grab- Reliance broke the support zone and trapped short...
Aartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap. Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume trapping sellers and has broken the falling trednline STOP LOSS: below the trap Traget: 707.75
reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap. Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume trapping sellers and has broken the falling trednline STOP LOSS: below the trap Target: green line
Bear Trap Strategy if u take entry short small stop loss at resistance otherwise if break the resistance then u should long position
Last day bear trap is formed in USDINR, it simply means that it will be bullish for coming few days and can go up to at least high of double top i.e.,83.10 (might break that also). Let us decode the sentiments during this candle formation, On 26th when this big bearish candle gives closing below last swing low, people would have shorted it taking double top in...
Britannia has formed a beautiful bear trap and gives a perfect entry opportunity on above average volume taking support from the base of its triangle pattern. Target can be taken as the height of the triangle. Stop loss below the bear candle Psychology behind the bear trap:On the break of the support, many people would short the market in hopes of it falling...
We can spot BEAR TRAP in the AARTIIND. We can ho long by keeping our stoploss below 200ema and imp support zone.
I think market will not sustain down and spike up anytime
As we see BEAR TRAP formation in HINDPETRO +200ema support. we can go long by keeping our stoploss below 200ema. Targets are mentioned in the chart itself.
We can see bear trap + 200ema support in HCL TECH. We can make long entry by keeping our SL below 200ema. Targets are mentioned in the chart itself.
As we saw bear trap in BAJAJ FINSERV + 200EMA support on daily frame. We can go long by keeping our SL just below the 200ema.
Lupin Just above it's support. Ideal to trade for a swing. We see a bear trap and a RSI bullish divergence at the same time.
BTCUSDT respecting a particular trendline on 4hr TF and as my earlier posts it is still valid and we looking forward for a good pump if it holds support between the trendline. And I have kept two most useful MA one is MA8 for BTC's fast movement and 2nd is MA25 which is called savior if price holds above it. Let's see how it goes. Your view and your perceptions...