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In today’s logical trading tip, I want to warn you about getting caught up in bull traps!
this is where the price of an asset drops hard and then has a bullish bounce, but then traps traders and turns bearish again for more downside action.
MATIC is looking ripe to catch some traders who are looking to be a little too bullish for their own good!
Be safe, don’t get wrecked, and make sure to follow for more tips!
https://logicaltrading.academy
Disclaimer: The information in this trade journal is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
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