Bear Traps 🐻⚠️
In financial markets, "bear traps" refer to situations where the market appears to be heading downward, prompting traders to sell or take short positions, only for the market to suddenly rise, resulting in losses for the traders who fell into the trap.
This trick often occurs due to manipulation or rapid fluctuations in the market, and serves as a warning for traders to be cautious when making decisions based on apparent signals.
Do you have experience with bear traps? Share your thoughts! 🧐📉📈