GREY:STTYF - Post by User
Post by
Thundersoleon Feb 01, 2013 11:42am
511 Views
Post# 20924572
P&F today shows Bear Trap Pattern
P&F today shows Bear Trap Pattern Wow, such volitility. Today P&F shows Bear Trap.
This is why you can't get out completely, good to have a core position.
Hopefully this volitility is because we are setting the bottom.
Bear Trap: A situation that occurs when prices break below a significant level and generate a sell signal, but then reverse course and negate the sell signal, thus "trapping" the bears that acted on the signal with losses. A bear trap is another form ofwhipsaw and relates to the spring.