Bear trap on nasdaq. something to look out for in the mornings.

69
this is a setup that people are taught as a place where price has a tendency to reverse. I can't really explain the rhyme or reason behind it. I think it is because price is coming back into the area where institutions were trading from the previous day. Those same big fish type traders might be interested in that price again.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.