Ok, so I've been learning a lot about bear traps recently and think I've got it.
Based on creating a lead in trendline and a sell line to match, and on the cues in the swings, I'm saying this is a potential (or likely) bull trap, but I'm not convinced I've read this right.
It has the peaks, basement, and a lead in trendline but not an obvious floor. It doesn't follow the pattern I expected. If I've got it wrong (in theory), what am I missing here? I guess I'm confused by the scale. Could that first very high peak in the middle of the chart count as a bump followed by bear trap? Or is that a return to the median followed by a new cycle?
Disclaimer: I'm making up words as i go along.