🥇A summary of years of experience that may inspire some of you:
1 - The price does not bounce back due to supports and does not reverse due to resistances.
2 - The trend line is an imaginary line that no one sees but you, and it is often used by the market maker against you.
3 - Head and shoulders, double tops and bottoms, and other patterns are all drawings and imaginary lines published among traders, and the price does not move based on them.
4 - The market is like a modern gambling hall, aimed at making you lose and seizing your money, and only a very few succeed by the mercy of God.
5 - The trader's psychology is one of the most significant factors that causes their loss, even if the analysis is correct (it takes at least 4 years to start controlling your fear and greed), and you will only acquire it through practice.
6 - All possibilities are valid, and any movement is possible; there is nothing called impossible in this market, put all scenarios on the table and create a counter plan for each scenario.
7 - Closing below previous lows does not mean the decline will continue, but often the opposite.
8 - Closing below previous highs does not mean the rise will continue, but often the opposite.
Good luck to everyone, God willing.
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