Two variants, one target ???Possible bear pennant with fake brake out(bulltrap), or potential bear flag? Both with similar target.
Any suggestions? You are Long already?
TRAP
bear trap indusind bank is a perfect example of bear trap look and the daily chart and you will see it and it's a good buy for swing trade
BTCUSDT: One Last Sell Before Buys ⏏️I have been calling all BTC moves as you can see from my related ideas below.
We are waiting for a buy BUT first, we must complete the final liquidity grab on SMC buyers from the order block.
I will be selling into my buy zone with members.
Let's hear the hate in the comments 💬
USDJPY: Are Sellers Ready? 💣The key psychological level of 135 provided immediate resistance for sellers but is now showing signs of being a sell trap.
Since a high amount of sellers joined at the key level and the trend line breakout, I believe liquidity will be targeted above this high before we see any signs of bearish momentum.
When the liquidity has been taken, I will be looking for shorts with the team.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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Megaphone in NasdaqThere are three reasons for a downward breakout of the megaphone (broadening wedge).
1. Head fake
2, Declining volume on rally
3. Very overbought RSI
$SPY // S&P 500 4h: Bearish divergence. Don't let this fool you!Quick and simple one for today. Don't be fooled by this pseudo-recovery. Note increasing price on decreased volume? Better buy in ahead.
GBPJPY: The Head & Shoulders TrapDon't be fooled by this pretty head and shoulders pattern because it is most likely a trap to lure sellers into the market before price bounces from a demand planted below it.
Once the fair value gaps have been filled, the price is likely to utilise the demand to travel to the remaining imbalance at the top of the move.
Do you think this is likely? 🚀
$BTC BEAR FLAG on DAILY (ST) What are you thoughts on the current market? From what i've seen on social media everyone is expecting BTC to go down, but is that what they want us to think?
Trading in this market is tough because at any point the market can shoot up like it did on Wednesday!!!
Good luck to everyone! Let me know what your plans are for the next few days!
QoverQ
TWTR due for correction!!!TWTR nearly approached oversold territory. After the news of Elon Musk considering purchasing more shares of the company following such negative news of a potential hostile take over by his most recent offer. This all caused the company to implement a "poison pill" to prevent a hostile takeover. Which is brilliant. This however will not be enough to keep the ticker running hard on tax day. Tax day historically is a red day. It will take a major catalyst to cause TWTR to continue this run it has. I evaluated the day chart in this example looking over a few puts I played last week for a swing.
All of the indicators such as the MAC D,
The studies used in this study are Chandelier Exit Strategy, Moving Average Convergence Divergence, Moving Averages(2) , and the Relative Strength Index with SMA.
My projection is TWTR open on the down trend in the morning if this chart pattern continues. If the 50 day average crosses over the 200 day moving average TWTR will be bullish again. I am bearish because I believe twitter will sink back to the 30's soon.
On the flip side, TWTR can form a cup and handle chart pattern which can only happen after a correction happens, and the ticker go back to the $50's, yet I believe the momentum will die down on day trades on TWTR.
**This is not financial advise but only a personal observation for my play.
BTC - How sharks lure fish🐟Now, through the efforts of a market maker, something similar to the Head and Shoulders can be traced on the chart.
This is drawn in order to lure inexperienced traders who will be trapped into shorts.
However, experienced traders know that a H&S is a reverse setup!
Knowing how to spot traps of the market maker is just as important as knowing how to find your formations. This skill will help you better predict future market movements and trade in the direction of wind.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BNB still gonna down more!hello every one bnb BINANCE:BNBUSDT today made a false break out and i think trend still bearish and 340 area is important to see would handle bears or not
write in comments what do you think guys and btw please follow and push like for more updates
Don't fall into the market maker trap....EURUSD In my eyes we see here only a mini correction of the actual trend, watch the P pivot / ema 200 15m TF.
we have formed a range during the Asia session, and london immediately went into the trend, short positions were collected.
The whole thing is just a small cycle within the bigger one.
I see EURUSD at the end of the week back at 1.09200
LUNA is moving towards trap 😥Want to see a $ 300 LUNA? 🔥
You must first see the accumulation phase.
RT looking to enter the buy position after breakout the resistance or place buy orders for a pullback that may have occurred.
Do you buy above the resistance? Or you wait for the price to return to the points where the accumulation is to be done ?!
Look at this indicator below.
See how the indicator defined the buying area for us!
Whenever the price moves slowly on the lower band of the channel, then we see the price increase (that marked area is the accumulation phase)
If you like this analysis, support me with your likes and comments (no tax 😅)
I publish a few analyzes every day, so if you think my analysis will help you, follow me
Perfect example of a choppy market (consolidation)Market's do not trend all the time. After a strong trend in either direction, the market goes into consolidation mode where it chops between a range for weeks to months trapping both sides.
It is best to sit on the sidelines as getting the direction right in such a situation doesn't provide the best risk:reward
Bitcoin Bull Trap Inbound?#Bitcoin doing what #BTC does... bullish movement up to $41.8k to $41.9k in range, likely resulting in a nasty bull trap after that.
$BTC
GBPAUD: Supply Ready 🚨My analysis suggests a strong bearish drop. Will we begin to see bearish pressure from this zone or will it attack the supply I have marked?
Whatever happens, I expect a strong sell-off in and around this area. Good luck traders!
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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📚 Inducement: What Is It ⁉️Inducement is a trap before an area of supply or demand.
Price will usually lure impatient buyers/sellers into the market before the zone is met to create liquidity.
Once the impatient traders get trap [ped and stopped out, the true move begins.
This just goes to show the importance of sitting on your hands!
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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BTCUSD Analysis By AVNGL (SECOND TRY)This second analysis test on BTC/USD It is trying to expose in a simplified way thetrend changes in daily candles for the basic understanding of this very funny and volatile wave market.
Remember that the markets have to be studied for their cyclical and undulating nature, in the price/emotion relationship.
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(ANNOUNCMENT) & (REMINDER):
Last Sunday I could not publish the largest analysis that I have saved and the first to expose with greater seriousness, however next Sunday I will be ready with better and more details for any type of market studen
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II hope to be of help.
A huge greeting, and have a good week.
51k or 30k, you decide. I see bearish divergenceI think this is a bull trap to liquidate shorts, and by Monday we will dump very hard. Just think of it, in one candle, lots of bitcoin were bought,does one whale buying bitcoin make bitcoin bullish? nay, this is manipulation.
BTC USD Bullish Divergence TrapRejection at retest 44k
Head Shoulders Neckline
0.618 Fib Retracement on the 16 week All time High cycle and yearly time cycle
ETH to 4k or a Bull Trap?Thinking bull trap, one can't help to initiate Hopium and see a reversal of the downtrend which seems tough from here.
Consolidation in certain ranges may be key to watch.
As with all my charts, they are just a simple snapshot into trends.
Please request more detail or specific content, I would love to share more opinion and hear more feedback for my perspective....
Thank you, GTLA
Could possibly be a bull trap - be careful. overbought, reached top of bear trap. But it did break the trend line. Maybe we got a little bit higher before the fall.
DXY USING A SIMPLE PRICE ACTION TECHNIQUE DXY keeps smashing targets to the downside
next target 95.126
