Bull traps are sneaky. They show you a clean breakout, give you a rush of hope, and then slap you with a red candle that ruins your day. Want to spot them without staring at charts all day?
Look for one thing: volume. If price moves up but volume stays flat or drops, that’s a warning sign. Real breakouts come with conviction—volume needs to support the move. If it doesn’t, wait.
Also, traps often form just before resistance, especially during low-liquidity hours. The big players know you’re tired and hopeful. Don’t be bait.
Set alerts instead of chasing candles. Trade what’s confirmed, not what’s emotional. I’ve been caught enough to know: if it feels too easy, it’s probably bait.