I think we have enough time for 2 traps, first Bear Trap and just above last top a Bulll Ttrap..lets see, maybe just some sideways and a bit up in 2nd.. Good trading!
In Bear Trap shorts are caought.. false break to downsidw, people enter short but price turns up...same but reverse for Bull Trap.. you must feel possible trap..here is not neccessary we get one, price is calm,waiting maybe just for next H4 candle..I am long here but will be short at break last LL..Good trading!
ziddu1985
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thanks minimax.. i'm very new to forex...did u mean in any chance to earn some pips using this traps? if it..which point can we enter the trades?
minimax
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You need to practice and toi lean waves constructions,will be easier.. I do not use any other indicator as you can see, just for confirmation and for myself
ziddu1985
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what kind of trap dear? how can we earn from this?