This is what we will be discussing today, and we are going to study both its technical and fundamental reasons and subsequently to derive why it is a bear trap? Or could it be a new bull in the making?
I hope this tutorial will be helpful, in enabling you to read into the market with greater clarity.
I have started a trading series, purpose for trading into...
Sell on strength as upward momentum has been rejected for a series of times. wait for pullback before entry ...I will update this as soon as possible(Near terms).