What Is a Bull Trap in Trading and How to Handle It Like a Pro

In forex, not everything is what it seems. Sometimes the market gives off a strong buy signal, luring traders into what looks like the start of a bullish breakout, only for prices to reverse sharply and trap them in losing positions. This is what’s known as a bull trap. If you’ve ever gone long on what looked like a breakout only to watch the price tumble, you’ve likely experienced one firsthand. In this article, we’ll...

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