Charts... Technical analysis... Many naively believe that historical data can predict price behavior...

They build channels, count waves, use Bollinger bands, Fibonacci numbers, rely on Gann's theory... or simply draw all sorts of nonsense in Photoshop.

But it must be taken into account that the dynamics of prices are influenced by numerous factors that can change at any moment: declaration of war between nuclear powers, lifting of international sanctions, legalization or banning of certain assets, terrorist acts, the death of politicians, hacking of exchanges or accusations of fraud against their owners, including account freezes, etc.

All forecasts are rendered useless at that moment. Therefore, it is important to maintain flexibility in decision-making and not to rely on schemes and blueprints. One must always keep their ear to the ground.

Difficult? Of course!

It's much easier to create a ready-made scheme and relax, waiting for it to materialize. Sometimes it even works. But not more often than a coin toss: 50/50.

So don't relax when opening a deal. Everything can change in any second.

ps Don't invest in #Copytrading until you read ИНСТРУКЦИЮ!