WARNING ‼️ ⚠️ 🚨 ⚠️ 🚨 ⚠️ ❗️
🚨 🚨A bear trap is a deceptive technical signal indicating a transition from a rising market to a falling one. Believing that the trend is turning bearish, traders may sell their assets or go short in anticipation of lower prices.
When the price unexpectedly rises rather than falls further, these traders are caught off guard. They often suffer losses as they rush to cover their short positions at higher prices.
Understanding bear traps is critical. To avoid such pitfalls, traders should rely on careful analysis and not just initial signals, which provides a more reliable trading strategy.
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