Bull trap? - Be careful!

٢ أكتوبر ٢٠١٧

Tightening of two ascending wedges showing to retest 4000-4100 and if breaks it might dive to 3200-3400. Overbought RSI on the 4 hour frame which seems to confirm higher probability of changing short term trend.

Be careful on the bull trap following September price dive. Move with the market and remember the first rule: preserve your capital.

Good luck :)