Mastering the Bear Trap Strategy:

- Bear Trap: A deceptive signal where the price appears to break down only to reverse sharply, indicating bullish potential.

- Breakout and Retest: Look for false breakouts with immediate reversals. These can serve as great entry points.

- Hammer Candlestick: Acts as a bullish confirmation after the price retests the breakout zone. This is a strong buy signal....

- Fibonacci Level: Use Fibonacci retracement tools to find strategic entry points during the retest phase.

Understanding bear traps helps avoid costly mistakes and capitalizes on sudden market reversals ✅