ScottBogatin

Silver What a bear trap looks like.

COMEX:SI1!   Gümüş Vadelileri
September 21st I think this is a good example of what a bear trap looks like. the market trades down to a support and then it starts systematically trading higher and creating minor higher high and higher low patterns as if it's a trend... suddenly the market takes a steep nose thighs lower.... but not making a new low.... and finds a very quick reversal and almost gets back to where it started in a bar or so depending on your time frame. I would treat it as a manipulation by the smart money to take out the original buyers who were profitable and it does it in one bar. In this case it gave back about $4,000 of a $5,000 trade but very quickly comes back to where the market reverse lower in the first place. Probably tomorrow we'll see this market moving to a new high..... time will tell.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.