$DYDX ! DO NOT BUY WHEN THE PRICE IS LOW!
We have always been sold the idea of buying when the price is low, but is that true? The truth is, NO.
1st. The market first needs to have a solid reason to change its bearish structure (order block, imbalance, liquidity, gap).
2nd. You have to wait for the price to break the lowest low you have, as long as it's in the same timeframe where point 1 is located.
3rd. It is most likely that this breakout will leave some imbalance; you just have to wait for it to be claimed and,
4th. Voila! Enter your trade and let me know how it went.
This is why trading requires a lot of patience, because you never know when this breakout will happen. For my part, I use alerts to know when it will happen, so I don't have to be glued to the chart every day, just at the right moment.
Can you find these three points in the following chart?