Only done this study of BULL TRAPS and consecutive fractal lows for 2018. I may do another study going back further.

WARNING TRAPS DON’T ALWAYS FOLLOW CONSECUTIVE FRACTAL HIGHS AND LOWS THEREFORE COULD JUST HEAD STRAIGHT UP OR DOWN

Here’s what you do. From the last consecutive fractal low do a yellow arrow to the next consecutive fractal low. Then shade volatility in yellow. Then shade in blue or grey where the price went subsequently. and you get a chart looking like the one I’ve published. More than one way to trade the information no matter which way the market goes. Custom lower Bollinger Band could be helpful in catching peak of bull trap maybe (set to BB Length 20, Source low, Std Dev 0.001) could use something else whichever your preference.

Chart below shows a couple of examples without traps