How To Set Up A Bear Trap

Here is how to set up a bear trap using the TrendCloud opening range breakout tool.

4 hour chart: uptrend
1 hour chart: uptrend

breakout to the upside on the opening range.

Look for demand zones on the 15 min chart below the opening range... this is your "Bear Trap."

If you want to use this strategy then click the link in my profile for more info :)