The Bear Trap Variation is a false bearish signal where a price drop is quickly reversed. It often occurs when the market seems to trend down but then sharply rebounds, trapping traders who bet on further declines. This pattern signals a potential bullish reversal.
The Bear Trap Variation is a false bearish signal where a price drop is quickly reversed. It often occurs when the market seems to trend down but then sharply rebounds, trapping traders who bet on further declines. This pattern signals a potential bullish reversal.