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RE: Video Tutorial Series to Help Beginners - Let's learn Moving Averages like a Boss

in #trading7 years ago

around minute 17 u are talking about a bull trap , before the long green candle that crossing the 55 and the one green that opening and closing above the 55 there is one red doji with a high above the 55 - all of that from what i understand signal us indeed a bull run which is actually a trap. What i am asking is is the best way is to wait for a few candles closing above? and how many?
much appreciated.