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Bear trap is a technical pattern that can be spotted in the graphs. It is the situation when the technical pattern signals about the reversal of the uptrend without being correct.

 

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Noise trader is a trader who prefers not to rely on the technical analysis and professional advice. Instead they prefer trading impulsively and on a whim. Traders like that make decision based on the overall situation without giving into the details. They rely on trends and tend to sell and buy based on the news they read.

 

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