The old trend is completely dead, a new market is emerging!
Don't rush to catch the bottom or peak! As long as the high points keep getting lower and the low points keep getting lower, it indicates that the old downtrend is still holding strong, and nothing has changed! Want a reversal? Just breaking a line is not enough; it has to be a real breakout! Then the market needs to take a breather and form a clear pattern.
The key point is that after the breather, it must surge upwards with strong volume; this is the true iron signal that the new wave of upward movement has started! Remember, wait patiently for the market to break the structure and clarify the pattern before taking action. Entering at this time gives you a high chance of success, and you will feel confident holding your position. Trying to guess the bottom before the structure has truly broken? That's just looking for trouble; don't let your hands itch!
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