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...
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.
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...
As predicted.... It is turning to be true It will form as another bear trap as shown in my previous post.
BTCUSDT respecting a particular trendline on 4hr TF, There we can see 2 times a clear bear traps occurred and currently previous scenario might repeat. However, there is also visible H&S which is mostly a bearish sign, Let's see next candle closing for more confirm movement.
SELLER GET TRAPPED HERE NOW WE CAN SEE A GOOD BULL RAILY HERE FOR SWING.
Double Bottom can be seen with 2 attempts at breaching the support at 295 resulting in large volume Short Coverings later. Positional - Buy above 305 for 310, 315, 320, 330 with SL at 295 Short below 290 after confirmation of support breach.
Using the concept of Elliot waves and NEO waves, considering the Fibonacci retracement and the trend channel, according to my analysis nifty will hit the levels around 10700, the last correction was nothing but a bear trap, i have already bought nifty calls for 10700CE while market was down. Disclaimer- This is just an analysis please take advise of your advisor...