With Downloading ForexGen Platform a bull trap is a price spike that penetrates the support line but then returns to consolidation.
ForexGen Institutional A bear trap is a price spike that penetrates the resistance line but then returns to consolidation. With ForexGen Customer Service we can get you what you want as The bull trap is so named because, though the market tried to break out of the consolidation and fall (as the bears would want it to do) the bulls were able to pull prices back up into consolidation, like bringing the other team back to the middle in a tug-of-war match.
With ForexGen News Center the bear trap, in contrast, is so named because though the market tried to break out of the consolidation and rise (as the bulls would want it to) but the bears succeeded in pulling prices back into consolidation.
ForexGen Institutional If you do get caught in a bull trap or a bear trap, know that eventually the market will move in the direction of the pie-consolidation trend.
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