This is how you spot a bull trap (and dangerous B-waves). Is there a simple and effective way for identifying "bull traps" in price movements? For example, when price rallies and takes out a prior high, is there a way we can tell in advance that the rally is likely a possible "bull trap" (or false breakout)? In this video we explain a simple method for doing this by using elliott wave theory and knowledge of B-waves within the ABC corrective pattern. Video by Alessio Rastani.
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