Trap Trade
When the price breaks below the trendline, retail traders typically enter short trades. However, based on my strategy and psychology, I wait for the price to break and then re-enter the trendline, taking a long position when the price moves back inside the trendline.
When the price breaks below the trendline, retail traders typically enter short trades. However, based on my strategy and psychology, I wait for the price to break and then re-enter the trendline, taking a long position when the price moves back inside the trendline.
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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.
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.