Bullish Trap

in #bullish • 6 years ago

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.

3E216B7F-B0FE-4002-AD18-0CC9036A293C.jpeg

^ @cryptochoe
Blogs for my own knowledgebase and educational purposes only

#trap
6 years ago in #bullish by
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