This Bear Trap Could Earn Monster Profits On Tuesday

By Joseph James of Sideways Markets

Head-Trader at SchoolOfTrade.com • Nov 27, 2023 at 10:44 PM EST

Markets are range-bound going into the end of the month, with a bull bias on the 60min. Put those 2 clues together, and it’s easy to see why this BEAR TRAP is my favorite trade for Tuesday!

Chart, Trading, Courses, Forex, Analysis

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Holiday’s over… back to work!

Markets are range-bound going into the end of the month, with a bull bias on the 60min…

Put those 2 clues together, and it’s easy to see why this BEAR TRAP is my favorite trade for Tuesday!

Emini and Nasdaq are both chopped-up in ranges… one of my favorite types of markets!

Ranges love to rotate from high to low – combine that with our 60min bias and we have the perfect plan for Tuesday!

E-Mini S&P (ES):

(Click on image to enlarge)

Emini is bullish into a range, telling us to look for buying opportunities with bear traps below the range, and breakout-pullbacks above it!

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

Nasdaq is bullish, and buyers are trying to complete their “rotation off low” using bear traps before we retest last week’s high.

Video Length: 00:30:14

More By This Author:

This Double Bottom Reversal Could Make Your Entire Week
This Breakout Pullback Could Be Easy Money On Tuesday
This Bear Trap Could Be A Large Payday

Disclaimer:

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