๐จ๐จ Important Message ๐จ๐จ
โ ๏ธ Beware of Bull Trapsโ ๏ธ
Bull traps are false market signals that make traders think a falling asset is starting to rise. Hereโs how they happen:
๐ Decline: An asset or market is experiencing a sustained drop in prices.
๐ Rebound: Prices suddenly start to rise, hinting at the end of the decline.
๐ฅ Breakout: The price exceeds a key resistance level, convincing traders of an uptrend.
๐ Reversal: Shortly after the breakout, prices fall again, trapping traders.
๐ก๏ธ How to Avoid Bull Traps:- Use Additional Analysis Tools: Incorporate volume indicators for better insight.
Be Careful: Always verify signals before making decisions.
