π»π¬/πΊπΈππ On the H4, GBPUSD broke the upper trendline in a descending channel. The price rose above the cloud, and Tenkan crossed Kijun to Ichimoku. π In the Daily timeframe, the price fell to the global trendline and rebounded, with DeMarker coming out of oversold condition. submitted by /u/Yuriy_UK |
ππ‘π€What is a bear trap? It’s a price movement that looks like the start of another bearish wave, but actually, it’s the very beginning of an uptrend.
βοΈ The end for sellers? π» What is a bear trap? It’s a price movement that looks like the start