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What is hooke pattern in trading strategy?
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<p>Hey mate, you can get to learn about it from here: <a href="https://fenefx.com/en/blog/what-is-the-hook-in-forex/">What is the Hook in forex?</a></p>
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<p id="isPasted">A <strong>hook pattern</strong> is a short-term reversal signal in trading that predicts a change in a trend's direction. It is a two-candlestick pattern where the second candlestick has a higher low and a lower high than the first, and its body forms within the range of the preceding one. Traders use hook patterns to identify potential entry and exit points, though confirmation from other technical indicators is recommended due to the possibility of false signals. </p>
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