Trend trading

BEAR TRAP PATTERN

<aside> 💡 Explanation: I trade a support fake out. In order to validate this pattern, I must make sure I’m following the main macro trend ( daily - weekly - monthly ). I usually find this pattern in h4 h1 or m30, but I execute this trade with a micro confirmation it can be in m15 m5 closed candle. We can also look for the retest and rei-integration near the support level. My Stop should be behind the zone and a initial tp can be set at the nearest strong supply

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Example 1: BEAR TRAP h1 NZDUSD

Example 2: Bear trap…

BULL TRAP PATTERN

<aside> 💡 Explanation: I trade a resistance fake out. In order to validate this pattern, I must make sure I’m following the main macro trend ( daily - weekly - monthly ). I Usually find this pattern in h4 h1 or m30, but I execute this trade with a micro confirmation it can be in m15 m5 closed candle. also we can look for the retest and re-integration near the resistance level. My Stop should be behind the zone and a initial tp can be set at the nearest strong demand

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Example 1 : BULL TRAP AUDUSD H1