查看“Category:BLTP”的源代码

Bull Trap, failed bull breakout. ''Watch out for possible bull traps when:''

* '''''Price is around important [[SR]]''' like EMA or HOY, even sometime there is a strong rally rushing to the SR in 2 or 3 good looking trend bars after gap down, it can be a trap, example of [[20230124]]; another example [[20230322]] bar 10-12;''
* ''CCBLB that looks very bullish on the surface, but bars have '''prominent tails and overlaps''', e.g. [[20230124]] 3-5''
* '''''Market reverse quickly right after the stop order is filled''' by 1 or 2 ticks above the CC bars.''
''Expect a [[MM]] in opposite direction after the BLTP is confirmed, especially if the day is a trend day or becoming a strong reversal day (e.g. [[20230323]] BLTP 3-20).''

== ''Examples of Common bull traps'' ==

=== ''BLTP on the open at EMA'' ===
''In below example of [[20230124]], yesterday had a [[BLTFO]] and a selloff in the afternoon, today morning market had a gap down, followed by a strong bull reversal attempt in 3 good CCBLB from bar 3-5, then bar 6 became a huge BRBCL by just going 1 tick above 5. Notice that bears sold aggressively not far above EMA,'' ''bar'' ''3-5'' ''have'' ''prominent'' ''tails'' ''('''especially bar 2''')'' ''and overlapps,'' ''even'' ''though'' ''they'' ''look like 3 good CCBLB on the surface. If'' ''3/4/5 all only have small tails, hence gaps, 5 will be a better'' ''BTC.''

''if bought above 5 for BTC, the stop should be below 5 at least for half of the position, especially when seeing market quickly reverse down by going 1 tick above 5, that is a good sign of possible BLTP. '''As a general rule, traders should put the stop right below the signal bar no matter where he entered, at least for half of the position, because if things like bar 6 happens in short amount of time, it is likely that market is doing the opposite of what traders want.'''''
[[File:20230124pa.png|thumb|799x799px|居中]]

=== ''BLTP in strong bear trend'' ===
''Strong bull bar is actually common in strong bear trend, after a selloff, market can give a strong bull bar that BO through [[EMA]], making traders thinking a reversal is underway, but remember market has inertia, it is resistant to change, if it has been in strong bear trend for the day, more likely it will continue the trend. What usually happens in strong bear trend is that the strong bull bar will be sold aggressively at EMA by either profit taking scalping bulls or strong bears initiating new shorts, or both, the result is usually a strong bear bar like 31 on [[20230512]], or consecutive bear bars like bar 48-50.'' 
[[Category:Traps]]
[[分类:Case Study]]