BEAR TRAP! This *Range Reversal* Could Be Easy Money!
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Weekend’s over, it’s money time!
The 60min chart has officially turned bearish…
But with such a big move lower over the last 2 days, this Bear Trap could be easy money tomorrow morning!
Emini and Nasdaq are likely turning sideways into a range ahead of major news later in the week, which is great news for us…
Ranges love to rotate, and this “trap into add-on” strategy is likely where the money is made tomorrow!
E-Mini S&P (ES):
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- Emini is bearish into what appears to be a large range developing on the entry timeframe, telling us to buy low, sell high, and trade the rotation until we see more clarity tomorrow afternoon.
E-Mini Nasdaq (NQ):
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- Nasdaq is bearish and sellers just retested the low of that big move down this morning, telling me to look for a double-bottom reversal higher!