Bullish Trap ^
Do not fall into the “Bullish Trap:”
1 These traps occur during correction
2 Long green candle appears, trying to break-up
3 People FOMO buy
4 But there’s not enough volume
5 It turns the candle into a false signal
Only buy-in after full confirmation. Multiple green candles.
^
Blogs for my own knowledgebase and educational purposes only
