So is it a bull trap or still the market is in bear mode?

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So hello everyone how are you all hope so everyone is well and good so friends today as you can see the market is bit on a greener side so is it the end of bear market or still there is some bad times left.
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When we enter a bear market the market tends to make lower lows which is one of the key sign of an bear market but all of a sudden when a reversal takes place then at that point of time it can either be an trap or it will be an beginning of bull run.

The current market situation is also in a state of confusion but as far as i can see it might be a trap for some reason and still market will be consolidating in this reason for some times before it can take of which is what i think.

Chart patterns also shows that there is a chance of reversal but they are not always true but still it will be great if market can consolidate in this reason and then it shots up for the next bull run so that we can make some good amount of profits in it.

So what are your opinion about this guys do let me know in the comments section.

Thanks friends have a great day ahead.

Posted Using LeoFinance Beta



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