Market has a double top on Day chart, divergence on a 4H and lower highs on a 1H. Will it reverse or is a bear trap snapping it's jaws shut.
DEFINITION of 'Bear Trap'
A false signal indicating that a upward trend in a market has reversed and is heading downwards when, in fact, the security will continue to incline.
BREAKING DOWN 'Bear Trap'
A bear trap often causes some investors to sell a market, but because the market continues to incline after the initial signal, those who bought in are "trapped" in a bad investment.
DEFINITION of 'Bear Trap'
A false signal indicating that a upward trend in a market has reversed and is heading downwards when, in fact, the security will continue to incline.
BREAKING DOWN 'Bear Trap'
A bear trap often causes some investors to sell a market, but because the market continues to incline after the initial signal, those who bought in are "trapped" in a bad investment.
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